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Investment Highlights

  • Positioned in the Mid-Cities trade area with convenient access to Downtown Los Angeles and major transit routes.
  • Approximately 20 minutes to Los Angeles International Airport with proximity to multiple major freeways.
  • Within a short distance to the Port of Long Beach, providing strategic benefits for businesses requiring connectivity to freight transportation.
  • Surrounded by a dense residential base and established neighborhood businesses, ensuring consistent local traffic.
  • Located within a high-demand urban corridor offering opportunities for adaptive reuse or multi-purpose commercial deployment.

Executive Summary

Great opportunity for an owner user, investment or development. This property has a highly desired patio area, as well as gated parking, on a signalized corner. The kitchen has a hood and a fully built out kitchen. The property has a month to month tenant paying $5,000 / month. Landlord only pays property tax & insurance.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,778 SF
Building Class
C
Year Built
1916
Price
$895,000
Price Per SF
$503.37
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.13 AC
Zoning
LAC2 - Commercial/ Restaurant
Parking
12 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
81’ on Main St

Amenities

  • Corner Lot
  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Food 4 Less
Superior Grocers
Bank of America
Chase Bank
Northgate Gonzalez Market
Starbucks

Property Taxes

Property Taxes

Parcel Number
5101-018-011
Land Assessment
$416,160
Improvements Assessment
$104,040
Total Assessment
$520,200
  • Listing ID: 29100646

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 5620 Main St, Los Angeles, CA 90037

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