Building Details

Year built 1951

Buildings 2

Listing Agency: Keller Williams VIP Properties · Keller Williams Realty k***@kw.com Show Phone

Listed By: Hormoz Shahbaz · License #01274303 Show Phone

Added: Oct 22 Changed: Nov 2 Last Checked: Nov 2 at 6:06PM

Report an Issue

MLS# SR26229029

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The property comprises two adjoining commercial parcels at 7301 and 7313 Central Avenue. The 7301 parcel includes a 3,122-square-foot former gas station site currently used for auto repair on a 9,108-square-foot lot. The 7313 parcel has a 708-square-foot restaurant on an 8,001-square-foot lot. The buildings date to 1951, and the parcels are zoned LAC2.

Key Highlights

• Two adjoining commercial parcels at 7301 and 7313 Central Avenue
• Auto repair use on the former gas station site at 7301 Central Avenue
• 3,122‑square‑foot auto repair site on a 9,108‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$88,884

Cap Rate

8.12%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,777,680 $1.8M

Cap Rate 7%

$1,269,771 $1.3M

Cap Rate 9%

$987,600 $987.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,830 SF

Gross rent

$141.6K $36.96/SF

− Vacancy

−$14.6K −$3.81/SF

EGI

$127.0K $33.15/SF

− OpEx

−$38.1K −$9.95/SF

NOI

$88.9K $23.21/SF

Area

Los Angeles, CA

Vacancy

10.30%

Lease Rate

$36.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,777,680

Cap Rate 7%

$1,269,771

Cap Rate 9%

$987,600

Alternative Uses

Best Use

Specialty Retail

$1.48M

$1.30M – $1.73M (±1% cap)

NOI $103,726 @ 7.0% cap · market cap 9.47%

Second Best

Retail

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $88,884 @ 7.0% cap · market cap 8.12%

Theoretical Best

Multifamily LT 5

$77.59M

$67.89M – $90.53M (±1% cap)

NOI $5,431,545 @ 7.0% cap · market cap 496.03%

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

E S Auto ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Travel Agency Nursing Home

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,580

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 90001, CA

55,859

Population

13,998

Households

4

Avg Household Size

30

Median Age

7%

College-Educated

49%

High-School Grad

3.3 sq mi

ZIP Area

16,927

Density / Sq Mi

$60,751

Median Household Income

$30,672

Median Earnings

$1,471

Median Rent

$513,300

Median Home Value

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

Similar For Sale Nearby

See more

Boyle Heights Industrial Corner Property

3109 E 11th Street, Los Angeles, CA 90023

$1,200,000

5,410 SF

View details

Los Angeles Retail Tire Shop

4254 Floral Dr, Los Angeles, CA 90063

$1,199,999

2,526 SF

View details

Two-Space Office and Restaurant Building

3861 3865 Jasmine Avenue, Los Angeles, CA 90232

$1,850,000

2,850 SF

View details

Two-Level Conventional Restaurant Property

1064 N Kingsley, Los Angeles, CA 90029

$1,200,000

View details

Auto Body Shop Opportunity

644 E Manchester, Los Angeles, CA 90001

$1,450,000

2,210 SF

View details

Two-Store Retail Property

8322 Avalon Boulevard, Los Angeles, CA 90003

$1,050,000

1,351 SF

View details

NNN Restaurant Property

11482 Burbank Blvd, Los Angeles, CA 91601

$1,115,000

View details

Freestanding Restaurant Building

4614 Avalon Boulevard, Los Angeles, CA 90011

$999,999

1,176 SF

View details

Automotive Site Near 5 Freeway

4701 Telegraph, Los Angeles, CA 90022

$1,598,000

View details

Mechanic Shop on High Traffic

1424 W Jefferson Boulevard, Los Angeles, CA 90007

$798,999

1,188 SF

View details

Auto Repair Property with Reconstruction Plans

818-828 E Manchester Avenue, Los Angeles, CA 90001

$2,150,000

View details

Corner Auto Repair Building

8000 Avalon, Los Angeles, CA 90003

$799,000

1,101 SF

View details

Similar Off Market Nearby

• M.A. Motorsports — 426 E 82nd St, Los Angeles, CA 90003
• Jorge Tires — 8124 San Pedro St, Los Angeles, CA 90003
• Tire service — 8322 Avalon Blvd, Los Angeles, CA 90003
• Smog check — 8323 s central ave, los angeles, ca 90001
• J & H Tires — 8200 Compton Ave, Los Angeles, CA 90001

Frequently Asked Questions

What type of property is this?

Auto shop - Two adjoining commercial parcels contain an auto repair shop and a separate restaurant building.

Where is this auto shop located?

The property is located at 7301 S Central Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,095,000.

What are key features of this property?

This property features: Two adjoining commercial parcels at 7301 and 7313 Central Avenue; Auto repair use on the former gas station site at 7301 Central Avenue; 3,122‑square‑foot auto repair site on a 9,108‑square‑foot lot