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4620 S Central Ave 1,760 SF Retail Building Los Angeles, CA 90011 $849,000 ($482.39/SF) 6.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on Central Ave
EXECUTIVE SUMMARY
Prime commercial opportunity located on the major South Central Ave corridor in Los Angeles, offering exceptional visibility and strong daily traffic counts. The property is currently being used as a church and is well suited for continued religious use or potential adaptive reuse, subject to zoning and buyer verification.
Situated in a high-density neighborhood with strong demographics and high disposable income, the property benefits from consistent activity and surrounding commercial synergy. A Gas Company located directly across the street further enhances area traffic and visibility. An LAPD station in the immediate vicinity provides additional security and stability for congregants, visitors, and staff.
The property offers excellent accessibility, with a bus stop located just steps away and the school across the street, making it convenient for community-based uses. Rear parking is available, adding functionality for services, events, and daily operations.
With its prominent frontage along a major thoroughfare, established use, and strong surrounding infrastructure, 4620 S. Central Ave presents a compelling opportunity for owner-users or investors seeking a well-located property in a thriving Los Angeles submarket.
Situated in a high-density neighborhood with strong demographics and high disposable income, the property benefits from consistent activity and surrounding commercial synergy. A Gas Company located directly across the street further enhances area traffic and visibility. An LAPD station in the immediate vicinity provides additional security and stability for congregants, visitors, and staff.
The property offers excellent accessibility, with a bus stop located just steps away and the school across the street, making it convenient for community-based uses. Rear parking is available, adding functionality for services, events, and daily operations.
With its prominent frontage along a major thoroughfare, established use, and strong surrounding infrastructure, 4620 S. Central Ave presents a compelling opportunity for owner-users or investors seeking a well-located property in a thriving Los Angeles submarket.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,760 SF
Building Class
C
Year Built
1922
Price
$849,000
Price Per SF
$482.39
Cap Rate
6.86%
NOI
$58,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.09 AC
Zoning
C2 - C2- TOC2
Parking
5 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
81’ on S Central Ave
AMENITIES
- Bus Line
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5107-009-029 | Improvements Assessment | $68,318 |
| Land Assessment | $273,305 | Total Assessment | $341,623 |
PROPERTY TAXES
Parcel Number
5107-009-029
Land Assessment
$273,305
Improvements Assessment
$68,318
Total Assessment
$341,623
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4620 S Central Ave
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