Corner Convenience Store with ADU
For Sale
$1,100,000
601 S Record Avenue, Los Angeles, CA 90023
Turnkey mixed-use corner property featuring a convenience market, meat counter, and two rental units with separate meters.
Property SizeContact for details
Days on Market150
Property Features for 601 S Record Avenue
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Zoning
LCR4YY
Additional Details
Business Included
Yes
Liquor License
Yes
Multifamily Units
2
Building Details
Year Built
1915
Listing Agency:
Real Brokerage Technologies
(310) 756-8262
Listed By:
Aaron Arreola · License #01953659
(310) 756-8262
Source:
Exitrealty
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 15 at 4:53AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This mixed-use property is offered as a turnkey opportunity for an owner-operator or investor. The ground-floor convenience market is long-standing and includes a small meat counter and an active alcohol license. The sale is described to include all business assets, licensing, equipment, and inventory.
Positioned on a high-visibility corner within the LCR4YY zone, the property is set within a strong residential neighborhood. The building provides multiple income streams, including two separate 1-bedroom, 1-bath units above the retail space.
Both residential units are separately metered, with the residential units currently on month-to-month terms, which can offer flexibility depending on the next owner’s plans. One unit features a private balcony, and the second unit has been legally converted into a permitted ADU, supporting a range of live-and-operate or rental-focused use cases.
Positioned on a high-visibility corner within the LCR4YY zone, the property is set within a strong residential neighborhood. The building provides multiple income streams, including two separate 1-bedroom, 1-bath units above the retail space.
Both residential units are separately metered, with the residential units currently on month-to-month terms, which can offer flexibility depending on the next owner’s plans. One unit features a private balcony, and the second unit has been legally converted into a permitted ADU, supporting a range of live-and-operate or rental-focused use cases.
Key Highlights
- Mixed‑use corner property built in 1915 in LCR4YY zone with a long‑standing convenience market and small meat counter
- Active alcohol license included; sale includes business assets, licensing, equipment, and inventory
- Includes two 1‑bed, 1‑bath residential units with separate utilities metered
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Metro One Market — 3459 East 4th St, Los Angeles, CA 90063
- Lucky Market — 4635 E Olympic Blvd, Los Angeles, CA 90022
- Suprema Wholesale Outlet — 4529 Whittier Blvd, East Los Angeles, CA 90022
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Turnkey mixed-use corner property featuring a convenience market, meat counter, and two rental units with separate meters.
Where is this grocery and convenience store located?
The property is located at 601 S Record Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use corner property built in 1915 in LCR4YY zone with a long‑standing convenience market and small meat counter; Active alcohol license included; sale includes business assets, licensing, equipment, and inventory; Includes two 1‑bed, 1‑bath residential units with separate utilities metered
