Freestanding Restaurant
For Sale
$999,999
4614 Avalon Boulevard, Los Angeles, CA 90011
Freestanding restaurant property on a sizable lot, zoned LAC2, with appointment-only showings.
Property Size1,176 SF
Lot Size0.12 Acres
Price / SF$850.34
Days on Market276
Property Features for 4614 Avalon Boulevard
General Information
Standard status
Active
Size
1,176 SF
Lot size
0.12 Acres
Property subtype
Commercial Sale / Mixed Use
Zoning
LAC2
Building Details
Year Built
1950
Listing Agency:
ReMax Tiffany Real Estate
Listed By:
Brandon Belthius · License #02247810
(714) 763-2100
Source:
Compass
Added: Jan 17
Changed: Oct 11
Last Checked: Oct 19 at 8:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ReMax Tiffany Real Estate
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Investment Insights
Based on property information with market context.
Freestanding commercial property currently operating as an established restaurant. The offering includes an approximately 1,176-square-foot building on a 5,401-square-foot lot, zoned LAC2. The site is presented as a value-add redevelopment and repositioning opportunity, with buyer to verify specific commercial uses with the City.
Located along the Avalon Blvd corridor in South Los Angeles, the property benefits from street frontage and exposure, along with signage potential. Showings are by appointment only, and tenants should not be disturbed.
For prospective purchasers or brokers, the combination of an existing restaurant use, LAC2 zoning, and the lot size supports both current operations and redevelopment planning, subject to City approvals.
Located along the Avalon Blvd corridor in South Los Angeles, the property benefits from street frontage and exposure, along with signage potential. Showings are by appointment only, and tenants should not be disturbed.
For prospective purchasers or brokers, the combination of an existing restaurant use, LAC2 zoning, and the lot size supports both current operations and redevelopment planning, subject to City approvals.
Key Highlights
- Freestanding commercial property operating as an established restaurant
- Approximately 1,176 SF building on a 5,401 SF lot
- Zoned LAC2 (buyer to verify permitted uses with the city)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,849
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,980
$637.0K
Cap Rate 7%
$454,986
$455.0K
Cap Rate 9%
$353,878
$353.9K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$43.5K $36.96/SF
− Vacancy
−$1,000 −$0.85/SF
EGI
$42.5K $36.11/SF
− OpEx
−$10.6K −$9.03/SF
NOI
$31.8K $27.08/SF
Area
ZIP 90011
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,980
Cap Rate 7%
$454,986
Cap Rate 9%
$353,878
Alternative Uses
Best Use
Specialty Retail
$455.0K
$398.1K – $530.8K
NOI $31,849 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.83M
$20.85M – $27.80M
NOI $1,667,754 @ 7.0% cap · market cap 166.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,458
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property on a sizable lot, zoned LAC2, with appointment-only showings.
Where is this conventional restaurant located?
The property is located at 4614 Avalon Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Freestanding commercial property operating as an established restaurant; Approximately 1,176 SF building on a 5,401 SF lot; Zoned LAC2 (buyer to verify permitted uses with the city)
