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Freestanding Restaurant Property
For Sale
$999,999

4614 Avalon, Los Angeles, CA 90011

Commercial Sale, Los Angeles, CA

Property Size1,176 SF
Lot Size0.12 Acres
Price / SF$850.34
Days on Market278

Property Features for 4614 Avalon

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link
Directions Located on Avalon Blvd Between E 46th st and E 47th St in South Los Angeles
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 5108005016
Lot size 0.12 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Year built 1950
Buildings 1
Listing Agency: ReMax Tiffany Real Estate · RE/MAX International
Listed By: Brandon Belthius · License #02247810
Added: Jan 29 Changed: Nov 2 Last Checked: Nov 2 at 6:06PM
MLS# PW26026896

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The freestanding restaurant building contains approximately 1,176 square feet and sits on a 5,401-square-foot lot. The property is zoned LAC2 and was built in 1950. A chain-link fence is also present on the site.

The property fronts Avalon Boulevard in South Los Angeles, within a densely residential area. The restaurant is currently operating, and showings are by appointment; visitors should not disturb the tenant.

Key Highlights

  • Approximately 1,176 square feet of building area on a 5,401‑square‑foot lot
  • LAC2 zoning
  • Operating restaurant

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 (±1% cap)
NOI $31,849 @ 7.0% cap · market cap 3.18%
Second Best
Retail
$424.7K
$371.6K – $495.4K (±1% cap)
NOI $29,726 @ 7.0% cap · market cap 2.97%
Theoretical Best
Multifamily LT 5
$23.83M
$20.85M – $27.80M (±1% cap)
NOI $1,667,754 @ 7.0% cap · market cap 166.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An operating restaurant occupies a site zoned LAC2 along Avalon Boulevard.
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 $999,999.
What are key features of this property?
This property features: Approximately 1,176 square feet of building area on a 5,401‑square‑foot lot; LAC2 zoning; Operating restaurant
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Includes: Price & PSF · Cap rate · Location · Zoning

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