1484-1494 Halford Ave

The subject property boasts a prime location with a total area of 10,080 square feet, situated on a spacious 1.29-acre lot. Accompanied by 64 parking spaces, the parking ratio stands at an impressive 6/1000. Pylon signage on El Camino Real enhances visibility and exposure. Tenant Details: The Bapsang (1484): A 3,000 square feet Korean restaurant, featuring hoods at each table. Lease in effect until August 2024, with an advantageous ten year option at Fair Market Value (FMV). Bakers Village (1488): Home to a thriving Korean bakery which occupies 2,000 sf. Recently extended lease for an additional 5 years The Halford (1494): A bar/restaurant operated by the building owner occupying 5,000sf. Opportunity to lease to another restaurant at FMV upon close of escrow. Boasts a full kitchen with an 18' hood, 1500-gallon grease trap, transferable beer and wine license, and a keg room. The property is strategically located in the heart of Koreatown, presenting significant upside potential. Property Features: The roof underwent repairs in 2023, backed by a 25-year warranty. This offering presents a compelling investment opportunity with diverse and established tenants, a strategic location, and potential for continued growth.