269 S. Western Ave
Los Angeles, CA 90004

THE SELIG BUILDING

Trophy Asset | Prime Location 
Renovated Historical | Retail

 Marcus & Millichap is proud to present The Selig Building; one of the last remaining black and gold glazed Terracotta Art Deco buildings in the City of Los Angeles.  Located on 269 S Western Ave, Los Angeles, CA 90004 in Koreatown, this remodeled, eye-catching, historical monument is on the signalized
corner of two major streets:  Western Ave and 3rd Street.

The property has been renovated inside and out. Each of the ten spacious units are complete with their own private restrooms, large window displays, and individual HVACs.  Most units include a mezzanine loft, utilizing the 20’ high ceilings for expanded space.  The property retains its vintage feel on the exterior
while showcasing modernized details within its interior.

Located in the densely populated Koreatown area, The Selig Building is near 3 main Metro lines, several schools, and hotels. The asset is central to many large apartment complexes just a block away.  There is a seated bus stop conveniently located in front of the east side of the property.  The Selig Building is walking distance to countless popular restaurants, retail shops, and small businesses. Western Avenue sees 29,715 vehicles daily, while 3rd Street packs in 40,682.  With a high daily traffic count, an excellent transit score rating of 73, and a near perfect walk score of 97, deeming it a Walker's Paradise, the property is well positioned for maximum exposure.

The Selig Building is a beautifully renovated trophy asset in a highly sought-after location, ready for the most discerning investors who have an appreciation for this property’s impressive history.

Download the Offering Memorandum

Building Size:  10,348 SF
Lot Size:  .21 Acres
Number of Units:  10
Year Built: 1931
Very Walkable Score of 97
Transit Score of 73
Occupancy: 83.60%
Additional: All tenants paid 100% rent in 2020

Property Details

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