4922 Central Ave Los Angeles, CA 90011-4120

This exceptional redevelopment opportunity presents a vacant 1,049 square foot Quick Service Restaurant (QSR) building situated on a 5,401 square foot lot in Los Angeles, CA. Located at 4922 S Central Ave, 90011, this property boasts a high-traffic location near major freeways and Downtown Los Angeles, offering excellent visibility and accessibility. The building, constructed in 1940, is classified as Class C and features a single story. Currently vacant, it presents a blank canvas for a new QSR concept. The permitted zoning is Retail Mixed Use, allowing for versatile development options. Preliminary plans for a drive-through coffee bar with outdoor seating are nearly complete, streamlining the permitting process. The asking price is $650,000, translating to $619.64 per square foot and $120 per square foot for the land. This property is ideal for investors seeking a 1031 exchange opportunity. The property's location, combined with the existing plans, makes this a compelling investment prospect with significant potential for high returns. The APN is 5107-026-015.