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261 E Vernon Ave
Los Angeles, CA 90011
Former Church's Chicken · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EDUCATIONAL INSTITUTIONS: Nearby schools include Century Park Elementary School (Grades K-5), Boys Academic Leadership Academy (Grades 6-12)
- CULTURAL ATTRACTIONS: Los Angeles Union Station, a historic transportation hub, is located a short drive away and features the Imperial Western Beer
- DINING OPTIONS: The area features various dining establishments, such as Teresitas Restaurant, Tom’s Burgers, and Birrieria Chalio
- CENTRAL LOCATION: Located only about a half-mile east of the 110, the property is conveniently situated with access to major roadways and venues
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
800 SF
Building Class
C
Year Built
1969
Price
$1,250,000
Price Per SF
$1,562.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.24 AC
Zoning
R3 - This is a Legal Non-Confirming Commercial Use on R3 - Multiple Dwelling zoning
Parking
20 Spaces (25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 5113-017-014 | Improvements Assessment | $360,000 |
| Land Assessment | $840,000 | Total Assessment | $1,200,000 |
PROPERTY TAXES
Parcel Number
5113-017-014
Land Assessment
$840,000
Improvements Assessment
$360,000
Total Assessment
$1,200,000
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