978 Chung King Road Los Angeles

978 Chung King Road Los Angeles is a retail property offered for sale at 978 Chung King Road in Los Angeles’s Chinatown submarket. Its 2,400 SF of gross leasable area gives buyers a defined building size for an acquisition focused on retail space.

The gross leasable area is the central physical measure of this offering. At 2,400 SF, it gives a buyer a clear basis for considering how the property fits a retail ownership strategy, without treating that figure as space currently available for occupancy. Extra storage is an amenity, adding space for goods or equipment outside the primary retail area. For an owner-user, that distinction matters when thinking through day-to-day operations. For an investor, the building size and storage amenity are concrete property characteristics to weigh alongside the purchase price.

The asking price is $1,200,000, with a quoted price of $500 PSF. Those figures establish the seller’s pricing basis for a retail buyer looking at the property as a whole. An owner-user can consider the acquisition against its space requirements and the utility of extra storage; an investor can consider the same physical characteristics in relation to the asking price. The offering is a sale of the property, rather than an advertised amount of space for lease, making the ownership decision the focus of this opportunity.