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304 S Kingsley Dr 4070 W 3rd St Bureau 3 792 m² 100 % Loué À vendre Los Angeles, CA 90020 8 513 000 € (2 245,03 €/m²) Taux de capitalisation 6,21 %
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime Koreatown location with high 3rd Street visibility
- TOC Tier 3 zoning with pending General Plan Amendment to R5-1
- Long-established karaoke bar/restaurant and office uses
- ± 28,297 SF lot (0.65 acres) with ± 13,248 SF of improvements
- Redevelopment potential for up to ± 226 multifamily units
- Flexible investment profile: income now + redevelopment upside
RÉSUMÉ ANALYTIQUE
PROPERTY HIGHLIGHTS
Expanded Offering – property for sale includes:
• 304 S. Kingsley Dr., Los Angeles, CA 90020 or 4070 W. 3rd St., Los Angeles, CA 90020
• 310 S. Kingsley Dr., Los Angeles, CA 90020
• 311 Ardmore Ave., Los Angeles, CA 90020
Attractive Pricing: Offered at Best Offer, with seller willing to consider a conservative price below the prior asking of $15M.
Prime Koreatown Location: Situated in one of Los Angeles’ most dynamic and culturally vibrant neighborhoods, surrounded by strong residential and commercial demand drivers.
Generous Lot Size: ± 28,297 SF lot (0.65 acres) with ± 13,248 SF of existing improvements across two buildings.
Zoning & Entitlements: TOC 3 with a General Plan Amendment in process for R5-1 zoning, unlocking major redevelopment potential.
Multifamily Development Upside: Potential for up to ± 226 residential units under future R5 entitlement.
Mixed Current Use: Long-established karaoke bar and restaurant (entertainment venue) plus office space (construction/real estate office).
Flexible Investment Profile: Combines immediate income-producing operations with long-term redevelopment potential.
BUSINESS HIGHLIGHTS
Established Legacy: The karaoke bar and restaurant have been in continuous operation for over 30 years, making it one of Koreatown’s most recognizable and popular entertainment venues.
Proven Popularity: With decades of loyal patronage, the business has built a strong reputation as a go-to nightlife destination for both locals and visitors.
Turnkey Opportunity: Offered separately at $1,500,000, the business includes goodwill, furniture, fixtures, and equipment (FF&E), ensuring a smooth transition for new ownership.
Liquor License: An ABC/CUB liquor license is available to be transferred by the tenant, providing immediate revenue potential.
Secure Lease Terms: Landlord is offering a new 5-year lease with a 5-year option, supporting stability and future growth for the incoming operator.
Prime Location: Situated in Koreatown, one of Los Angeles’ most vibrant cultural and nightlife districts, the business benefits from high visibility and consistent foot traffic.
Expanded Offering – property for sale includes:
• 304 S. Kingsley Dr., Los Angeles, CA 90020 or 4070 W. 3rd St., Los Angeles, CA 90020
• 310 S. Kingsley Dr., Los Angeles, CA 90020
• 311 Ardmore Ave., Los Angeles, CA 90020
Attractive Pricing: Offered at Best Offer, with seller willing to consider a conservative price below the prior asking of $15M.
Prime Koreatown Location: Situated in one of Los Angeles’ most dynamic and culturally vibrant neighborhoods, surrounded by strong residential and commercial demand drivers.
Generous Lot Size: ± 28,297 SF lot (0.65 acres) with ± 13,248 SF of existing improvements across two buildings.
Zoning & Entitlements: TOC 3 with a General Plan Amendment in process for R5-1 zoning, unlocking major redevelopment potential.
Multifamily Development Upside: Potential for up to ± 226 residential units under future R5 entitlement.
Mixed Current Use: Long-established karaoke bar and restaurant (entertainment venue) plus office space (construction/real estate office).
Flexible Investment Profile: Combines immediate income-producing operations with long-term redevelopment potential.
BUSINESS HIGHLIGHTS
Established Legacy: The karaoke bar and restaurant have been in continuous operation for over 30 years, making it one of Koreatown’s most recognizable and popular entertainment venues.
Proven Popularity: With decades of loyal patronage, the business has built a strong reputation as a go-to nightlife destination for both locals and visitors.
Turnkey Opportunity: Offered separately at $1,500,000, the business includes goodwill, furniture, fixtures, and equipment (FF&E), ensuring a smooth transition for new ownership.
Liquor License: An ABC/CUB liquor license is available to be transferred by the tenant, providing immediate revenue potential.
Secure Lease Terms: Landlord is offering a new 5-year lease with a 5-year option, supporting stability and future growth for the incoming operator.
Prime Location: Situated in Koreatown, one of Los Angeles’ most vibrant cultural and nightlife districts, the business benefits from high visibility and consistent foot traffic.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL | ANNUEL PAR m² |
|---|---|---|
| Revenu de location brut |
619 010 €
|
163,24 €
|
| Autres revenus |
-
|
-
|
| Perte due à la vacance |
-
|
-
|
| Revenu brut effectif |
619 010 €
|
163,24 €
|
| Taxes |
72 740 €
|
19,18 €
|
| Frais d’exploitation |
17 631 €
|
4,65 €
|
| Total des frais |
90 371 €
|
23,83 €
|
| Résultat net d’exploitation |
528 639 €
|
139,41 €
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut | |
|---|---|
| Annuel | 619 010 € |
| Annuel par m² | 163,24 € |
| Autres revenus | |
|---|---|
| Annuel | - |
| Annuel par m² | - |
| Perte due à la vacance | |
|---|---|
| Annuel | - |
| Annuel par m² | - |
| Revenu brut effectif | |
|---|---|
| Annuel | 619 010 € |
| Annuel par m² | 163,24 € |
| Taxes | |
|---|---|
| Annuel | 72 740 € |
| Annuel par m² | 19,18 € |
| Frais d’exploitation | |
|---|---|
| Annuel | 17 631 € |
| Annuel par m² | 4,65 € |
| Total des frais | |
|---|---|
| Annuel | 90 371 € |
| Annuel par m² | 23,83 € |
| Résultat net d’exploitation | |
|---|---|
| Annuel | 528 639 € |
| Annuel par m² | 139,41 € |
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Condition de vente
Projet de requalification
Type de bien
Surface de l’immeuble
3 792 m²
Classe d’immeuble
C
Année de construction
1948
Prix
8 513 000 €
Prix par m²
2 245,03 €
Taux de capitalisation
6,21 %
RNE
528 639 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Surface type par étage
1 896 m²
Coefficient d’occupation des sols de l’immeuble
1,44
Surface du lot
0,26 ha
Zonage
CR-1, C2-1, and R1 - ±28,297 SF (0.65-acre) flat lot with CR-1, C2-1, and R1 zoning under a TOC Tier 3 designation. General Plan Amendment is in process to upgrade to R-5.
Stationnement
36 places (9,49 places par 1 000 m² loué)
PRINCIPAUX OCCUPANTS
- OCCUPANT
- SECTEUR D’ACTIVITÉ
- m² OCCUPÉS
- LOYER/m²
- FIN DU BAIL
- Soop Sok Music Studio
- Arts, divertissement et loisirs
- -
- -
- -
- Top Properties
- Immobilier
- -
- -
- -
| OCCUPANT | SECTEUR D’ACTIVITÉ | m² OCCUPÉS | LOYER/m² | FIN DU BAIL | ||
| Soop Sok Music Studio | Arts, divertissement et loisirs | - | - | - | ||
| Top Properties | Immobilier | - | - | - |
1 1
Walk Score®
Idéal pour les promeneurs (92)
Transit Score®
Excellent réseau de transport en commun (79)
TAXES FONCIÈRES
| Numéro de parcelle | 5503-008-016 | Évaluation totale | 6 046 595 € (2025) |
| Évaluation du terrain | 5 038 831 € (2025) | Impôts annuels | 72 740 € (19,18 €/m²) |
| Évaluation des aménagements | 1 007 764 € (2025) | Année d’imposition | 2024 |
TAXES FONCIÈRES
Numéro de parcelle
5503-008-016
Évaluation du terrain
5 038 831 € (2025)
Évaluation des aménagements
1 007 764 € (2025)
Évaluation totale
6 046 595 € (2025)
Impôts annuels
72 740 € (19,18 €/m²)
Année d’imposition
2024
1 sur 16
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 sur 1
Présenté par
304 S Kingsley Dr | 4070 W 3rd St
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