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Mixed-Use Property with Grocery Market
For Sale
$1,100,000

801 N Marianna Avenue, Los Angeles, CA 90063

Los Angeles, CA

Property Size1,920 SF
Lot Size0.11 Acres
Price / SF$572.92
Days on Market47

Property Features for 801 N Marianna Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Kitchen, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features Driveway
Lot features Paved, Landscaped, 2-5 Units/ Acre, Front Yard, Back Yard, Yard
View City, Hills
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Turn right onto Floral Drive, turn right onto N. Marianna Ave and the destination will be on the left.
Subdivision 699 - Not Defined
Standard status Active
APN 5226043024
Size 1,920 SF
Lot size 0.11 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

covered patio

Building Details

Year built 1924
Floors in Building 2
Number of units 4
Flooring type Tile
Listing Agency: REALTY MASTERS & ASSOCIATES
Listed By: Zoram Luna · License #01743140
Added: Aug 24 Changed: Oct 5 Last Checked: Oct 9 at 7:06AM
MLS# CV26185540

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.

Investment Insights

Based on property information with market context.

This 1,920-square-foot mixed-use building, constructed in 1924, combines neighborhood retail with residential occupancy. The ground floor contains a grocery market that has operated for decades, along with a full bathroom and an additional room. A covered patio and driveway provide additional on-site functionality.

The second floor has two one-bedroom, one-bathroom apartments, each updated with a kitchen and dedicated dining area. Both residences are leased month to month. The property includes one alcohol license, central heating, central air, tile flooring, water service, public water, and public sewer. Located in Los Angeles, the property also offers access to major freeways.

Key Highlights

  • 1,920‑square‑foot mixed‑use building on 0.1069 acres
  • Ground‑floor neighborhood grocery market operating for decades
  • Two second‑floor 1‑bedroom, 1‑bathroom apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,998
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,960 $1.0M
Cap Rate 7%
$742,829 $742.8K
Cap Rate 9%
$577,756 $577.8K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$71.0K $36.96/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$69.3K $36.11/SF
− OpEx
−$17.3K −$9.03/SF
NOI
$52.0K $27.08/SF
Area
Los Angeles, CA
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%
$1,039,960
Cap Rate 7%
$742,829
Cap Rate 9%
$577,756

Alternative Uses

Best Use
Apartment 5plus
$33.94M
$29.70M – $39.60M (±1% cap)
NOI $2,376,104 @ 7.0% cap · market cap 216.01%
Second Best
Specialty Retail
$742.8K
$650.0K – $866.6K (±1% cap)
NOI $51,998 @ 7.0% cap · market cap 4.73%
Theoretical Best
Multifamily LT 5
$38.90M
$34.04M – $45.38M (±1% cap)
NOI $2,722,863 @ 7.0% cap · market cap 247.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Diane's Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Gym & Fitness Center Spa & Massage Center

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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby

Demographics for 90063, CA

50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two updated one-bedroom apartments are positioned above a long-running retail food operation with a covered patio and driveway parking.
Where is this mixed-use property located?
The property is located at 801 N Marianna 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: 1,920‑square‑foot mixed‑use building on 0.1069 acres; Ground‑floor neighborhood grocery market operating for decades; Two second‑floor 1‑bedroom, 1‑bathroom apartments
More about this property
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