Freestanding Restaurant
4614 Avalon Los Angeles, CA 90011
4614 Avalon, Los Angeles, CA, 90011
$1,050,000
For Sale
$1,050,000
Freestanding restaurant on a sizable corner lot with street frontage in an LAC2-zoned South Los Angeles corridor.
Property Size1,176 SF
Lot Size0.12 Acres
Price / SF$892.86
Days on Market161
Property Features for 4614 Avalon
General Information
- Standard status
- Active
- Size
- 1,176 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing agency
ReMax Tiffany Real Estate
(562) 280-6202
Listed by
Brandon Belthius · License #02247810
(562) 280-6202
Source
Exitrealty
Added: Feb 10 Updated: Jul 10 at 2:10PM Checked: Jul 21 at 6:23AM
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.
The property is a freestanding commercial building currently operating as a restaurant. It includes an approximately 1,176 square foot building on a 5,401 square foot lot. The site is zoned LAC2, and the property is positioned for a buyer to evaluate redevelopment or repositioning options, with permitted uses to be verified with the city.
Located along the Avalon Blvd corridor in South Los Angeles, the asset benefits from street frontage and visibility to vehicle and pedestrian traffic. The listing notes signage potential along the thoroughfare, supported by its established commercial address and exposure within a dense residential area.
For tenants or buyers, this configuration supports continued restaurant use or an owner/operator concept that benefits from a freestanding layout and prominent street presence. Showings are by appointment only and tenants must not be disturbed. Prospective purchasers should review LAC2 requirements and confirm redevelopment plans with the appropriate city authorities.
Located along the Avalon Blvd corridor in South Los Angeles, the asset benefits from street frontage and visibility to vehicle and pedestrian traffic. The listing notes signage potential along the thoroughfare, supported by its established commercial address and exposure within a dense residential area.
For tenants or buyers, this configuration supports continued restaurant use or an owner/operator concept that benefits from a freestanding layout and prominent street presence. Showings are by appointment only and tenants must not be disturbed. Prospective purchasers should review LAC2 requirements and confirm redevelopment plans with the appropriate city authorities.
Key Highlights
- Freestanding commercial building built in 1950, currently operating as a restaurant
- Approximately 1,176 SF building on a 5,401 SF lot with street frontage along Avalon Blvd
- LAC2 zoning in South Los Angeles (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
—
—
no second resolved use
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
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant on a sizable corner lot with street frontage in an LAC2-zoned South Los Angeles corridor.
Where is this conventional restaurant located?
The property is located at 4614 Avalon 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 building built in 1950, currently operating as a restaurant; Approximately 1,176 SF building on a 5,401 SF lot with street frontage along Avalon Blvd; LAC2 zoning in South Los Angeles (buyer to verify permitted uses with the city)
