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Shopping Auto Center

4625 S. CENTRAL AVE

4625 S Central Ave, Los Angeles, CA 90011

Listing Price: $1,800,000

Cap Rate
4.07%
Gross SF
5,565
Rentable SF
5,565
Price/Gross SF
$323.45
Lot Size
0.21 acres
Year Built
1988

Investment Overview

4625 S Central Ave is an owner-user, development, or investment opportunity in Central Vermont just south of E Vernon Ave and S Central Ave. With easy access to the I-10 and I-110 and Downtown Los Angeles this area is ideal with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of an auto repair shop, smog shop, residential, and other retail tenants; current income is $119,880 annually. This investment opportunity is ideal for an owner-user to take over the automotive shop or smog shop while collecting income from leasing the other spaces or to take over the entire property to operate a business. The subject property built in 1988 is currently zoned C2-1-CPIO in a Tier 2 TOC on a 9,361 SF lot in a highly trafficked location, there is potential to build 39 units utilizing the density bonus. The Central Vermont market remains one of the most desirable submarkets for living and working. With easy access to the University of Southern California and Downtown Los Angeles this submarket is ideal for an owner-user to operate a business.

Investment Highlights

  • 4625 S Central Ave is an owner/user, development, or investment opportunity in Central Vermont just south of E Vernon Ave and S Central Ave.
  • The site currently consists of an auto repair shop, smog shop, residential, and other retail tenants; current income is $119,880 annually
  • Ideal for an owner-user to take over the automotive shop or smog shop while collecting income from leasing the other spaces or to take over the entire property to operate a business
  • The subject property built in 1988 is currently zoned C2-1-CPIO in a Tier 2 TOC on a 9,361 SF lot in a highly trafficked location; potential to build 39 units utilizing the density bonus
  • The Central Vermont market remains one of the most desirable submarkets for living and working. With easy access to the University of Southern California and Downtown Los Angeles this submarket is ideal for an owner/user to operate a business

Exclusively Listed By

Financing By

Shopping Auto Center

4625 S. CENTRAL AVE

Listing Price: $1,800,000

Cap Rate
4.07%
Gross SF
5,565
Rentable SF
5,565
Price/Gross SF
$323.45
Lot Size
0.21 acres
Year Built
1988

Investment Highlights

  • 4625 S Central Ave is an owner/user, development, or investment opportunity in Central Vermont just south of E Vernon Ave and S Central Ave.
  • The site currently consists of an auto repair shop, smog shop, residential, and other retail tenants; current income is $119,880 annually
  • Ideal for an owner-user to take over the automotive shop or smog shop while collecting income from leasing the other spaces or to take over the entire property to operate a business
  • The subject property built in 1988 is currently zoned C2-1-CPIO in a Tier 2 TOC on a 9,361 SF lot in a highly trafficked location; potential to build 39 units utilizing the density bonus
  • The Central Vermont market remains one of the most desirable submarkets for living and working. With easy access to the University of Southern California and Downtown Los Angeles this submarket is ideal for an owner/user to operate a business

Investment Overview

4625 S Central Ave is an owner-user, development, or investment opportunity in Central Vermont just south of E Vernon Ave and S Central Ave. With easy access to the I-10 and I-110 and Downtown Los Angeles this area is ideal with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of an auto repair shop, smog shop, residential, and other retail tenants; current income is $119,880 annually. This investment opportunity is ideal for an owner-user to take over the automotive shop or smog shop while collecting income from leasing the other spaces or to take over the entire property to operate a business. The subject property built in 1988 is currently zoned C2-1-CPIO in a Tier 2 TOC on a 9,361 SF lot in a highly trafficked location, there is potential to build 39 units utilizing the density bonus. The Central Vermont market remains one of the most desirable submarkets for living and working. With easy access to the University of Southern California and Downtown Los Angeles this submarket is ideal for an owner-user to operate a business.

Exclusively Listed By

Financing By

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