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    601 S Record Ave Los Angeles, CA 90023

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    For Sale
    $950,000

    Mixed-use property with store and apartments in Los Angeles.

    Property size:
    2,256 SF

    Property Features for 601 S Record Ave

    General Information

    Standard status
    Active
    Size
    2,256 SF

    Building Details

    Year built
    1915

    Source: REAL BROKERAGE TECHNOLOGIES, INC. Agent JORGE PADRON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Mixed-Use Property

    This well-positioned corner-lot mixed-use property features a convenience store with a small meat counter on the ground floor. The property also includes two separate 1-bedroom, 1-bathroom apartment units. The upstairs unit has a private balcony. The second unit, formerly a garage, has been legally converted with permits. All three units are separately metered, and both apartments operate on month-to-month terms. The sale includes inventory: 1 freezer and 2 refrigerators. The property benefits from bold street visibility and steady neighborhood traffic, presenting an excellent opportunity for an investor or owner-user. The property is located in Los Angeles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tiendita Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.1828155
    Latitude
    34.0281328

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with store and apartments in Los Angeles.
    Where is this mixed-use property located?
    The property is located at 601 S Record Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Corner-lot mixed-use property with convenience store and two apartments.; - Excellent street visibility and steady neighborhood traffic.; - Three units are separately metered.
    Request Owner's contact information
    601 S Record Ave Los Angeles, CA 90023
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    Los Angeles, CA 90023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 S Record Ave Los Angeles, CA 90023
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