Business Survivability in Memorial Park, Los Angeles
StreetSpring's 2026 analysis finds that the best business to open in Memorial Park is a Veterinary Clinic with a 74.3% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Memorial Park (74.3% average survival rate, 90.0% at best locations)
- Neighborhood rank: #92 of 173 neighborhoods in and around Los Angeles
- Neighborhood average: 60.4% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: October 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Memorial Park a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Memorial Park is a Veterinary Clinic with a 74.3% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 90.0% chance; next is an Eye Care Center with a 69.4% chance, followed by a Cafe with a 71.5% chance.
Is Memorial Park a good place to start a business?
In Los Angeles's survivability rankings, Memorial Park comes in at #92 of 173 neighborhoods, with an average Survivability Score of 60.4% across the business types ranked there.
- The gap between the best addresses and the average for the top-ranked business type in Memorial Park is 15.7 points on the two-year chance.
- But these same concepts at less optimal addresses within Memorial Park can score meaningfully below average. Survivability data shows that even the highest-demand business types fail at the wrong location.
- Memorial Park's employment rate of 95.4% and housing vacancy rate of 2.8% are two of the Census inputs StreetSpring's model reads for this neighborhood.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Memorial Park?
The right address in Memorial Park can mean a 20-point survivability difference from an average one: StreetSpring identifies exactly which addresses are worth pursuing. Here is the top survivability address for a Veterinary Clinic in Memorial Park, per StreetSpring's 2026 model:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Memorial Park. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Memorial Park?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 87.9% |
| 2 | Eye Care Center | 86.6% |
| 3 | Cafe | 83.6% |
| 4 | Laundromat | 83.6% |
| 5 | Convenience Store | 83.6% |
| 6 | Coffee Shop | 83.2% |
| 8 | Hair Salon | 83.1% |
| 9 | Bar | 83.1% |
| 10 | Gym | 83.1% |
| 12 | Spa | 82.6% |
Ties at a good address: Cafe, Laundromat and Convenience Store are tied; Hair Salon, Bar and Gym are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Memorial Park
- #1 Veterinary Clinic: 74.3% on average across Memorial Park; best at 90.0%, challenging at 57.3%.
- #2 Opening an Eye Care Center in Memorial Park shows 69.4% average survivability. Top locations reach 90.0%; lower-end sites show 56.0%.
- #3 Cafe (Ranked #3): 71.5% average in Memorial Park. Best-case storefronts: 83.6%. Challenging locations: 56.6%.
- #4 Laundromat is ranked #4 for top businesses to open in Memorial Park: 71.3% chance on average, best at 84.0%, challenging at 49.8%.
- #5 Convenience Store: 67.9% on average across Memorial Park; best at 84.1%, challenging at 49.9%.
Strong Performers in Memorial Park
- #6 Opening a Coffee Shop in Memorial Park shows 69.1% average survivability. Top locations reach 84.0%; lower-end sites show 49.4%.
- #8 Hair Salon (Ranked #8): 66.8% average in Memorial Park. Best-case storefronts: 83.6%. Challenging locations: 49.4%.
- #9 Bar is ranked #9 for top businesses to open in Memorial Park: 63.7% chance on average, best at 83.6%, challenging at 48.9%.
- #10 Gym: 60.7% on average across Memorial Park; best at 84.0%, challenging at 48.9%.
- #12 Opening a Spa in Memorial Park shows 69.3% average survivability. Top locations reach 83.6%; lower-end sites show 49.4%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Eye Care Center: See how this compares to other cities →
- Cafe: See how this compares to other cities →
How much money could a business in Memorial Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in Memorial Park starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Site selection requires evaluating the specific combination of your business type and the exact address: neighborhood-level data is only the starting point.
- The right location can make a business; the wrong one can break it.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring's precision goes beyond the neighborhood: it scores survivability at the exact address for every major brick-and-mortar business category.
What businesses should open next in Memorial Park?
The top businesses to open next in Memorial Park:
- Veterinary Clinics: 74.3% average survival rate, 90.0% at the best address
- Eye Care Centers: 69.4% average survival rate
- Cafes: 71.5% average survival rate
Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. A housing vacancy rate of 2.8% means the Census estimates that share of Memorial Park's homes and apartments to be vacant; the model reads it as one input among many. Survivability scores are live, not static: StreetSpring updates them regularly. Visit the tool to see what's currently available in Memorial Park and how each address is scoring right now.
See the Survivability Score for your new business
Related Articles:
- See the Los Angeles Business Survivability Rankings
- See the Los Angeles Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Los Angeles neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Memorial Park.
What type of business should you rent your Memorial Park storefront to?
For landlords in Memorial Park, StreetSpring's 2026 analysis identifies Veterinary Clinics, Eye Care Centers, and Cafes as the business types most likely to produce stable, long-term tenancy.
- The right location can make a business; the wrong one can break it.
- StreetSpring's precision goes beyond the neighborhood: it scores survivability at the exact address for every major brick-and-mortar business category. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for two or more years.
Related: See How Landlord Representatives in Los Angeles Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Memorial Park storefront to a Veterinary Clinic?
Yes. Among all business types analyzed for Memorial Park in 2026, a Veterinary Clinic posts the highest survivability ceiling at 90.0% and maintains a reasonable floor of 57.3%, making it the most reliable tenant choice here.
- StreetSpring's precision goes beyond the neighborhood: it scores survivability at the exact address for every major brick-and-mortar business category.
What should I consider when opening a business in Memorial Park?
When evaluating potential locations in Memorial Park, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- Revenue Capture is where competition meets spending, and it's the number that matters most when choosing a location.
- StreetSpring's custom-built forecasting infrastructure powers every survivability score, combining data science with commercial real estate intelligence.
- Start with a free 10-minute trial: check the current survivability score for any Memorial Park address on StreetSpring.
See the best place for your business at StreetSpring.
StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Los Angeles are available in machine-readable format for research and integration purposes.
Full dataset for Los Angeles: /resources/data/los-angeles-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.