Freestanding Restaurant
4614 Avalon Blvd Los Angeles, CA 90011
4614 Avalon Blvd, Los Angeles, CA, 90011
$1,050,000
For Sale
$1,050,000
Freestanding restaurant property on a sizable lot, zoned LAC2, with appointment-only showings.
Property Size1,176 SF
Lot Size0.12 Acres
Price / SF$892.86
Days on Market166
Property Features for 4614 Avalon Blvd
General Information
- Standard status
- Active
- Size
- 1,176 SF
- Lot size
- 0.12 Acres
Listing agency
ReMax Tiffany Real Estate
(714) 763-2100
Listed by
Brandon Belthius · License #02247810
(714) 763-2100
Source
Exprealty
Added: Feb 5 Updated: Jul 20 at 11:54PM Checked: Jul 20 at 11:54PM
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
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)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $36.96 |
| − Vacancy | −$1,000 | −$0.85 |
| EGI | $42.5k | $36.11 |
| − OpEx | −$10.6k | −$9.03 |
| NOI | $31.8k | $27.08 |
1,176 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$455.0K
$398.1K – $530.8K
NOI $31,849 @ 7.0% cap · market cap 3.03%
Second Best
Retail
$424.7K
$371.6K – $495.4K
NOI $29,726 @ 7.0% cap · market cap 2.83%
Theoretical Best
Multifamily LT 5
$23.83M
$20.85M – $27.80M
NOI $1,667,754 @ 7.0% cap · market cap 158.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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 Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
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)
