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    5626 Central Ave Los Angeles, CA 90011

    Sponsored
    For Sale
    $1,475,000

    Prime location, high traffic, restaurant opportunity.

    Property size:
    1,858 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents three adjacent commercial buildings totaling 1,858 square feet situated on a large 13,600 square foot lot at 5626-5638 S Central Ave, Los Angeles, CA 90011. The property boasts an enviable corner location at Central Avenue and 57th Street, enjoying excellent street exposure with over 25,000 cars passing daily. Previously operated as a restaurant ("Snack Shack"), this property offers significant potential for a variety of food service businesses. The buildings, constructed in 1924, 1949, and 1950, are situated on three separate parcels (APN: 5104-024-019, 5104-024-018 & 5104-024-017) and benefit from alley access, providing potential for three-sided ingress/egress. The rectangular lot is zoned C2-1-CPIO. Conveniently located near major freeways (110 FWY and 10 FWY), this property is also within close proximity to BMO Stadium (3.3 miles) and the University of Southern California (USC) (3.4 miles). Offered at $1,475,000 ($793.86 per square foot), this is a rare chance to acquire a long-held property (first time on the market since 1970) in a high-demand area. The property's size, location, and zoning make it an ideal investment for savvy entrepreneurs seeking a thriving commercial venture in a bustling Los Angeles neighborhood.

    Property Features for 5626 Central Ave

    General Information

    Property type
    Restaurants
    Square Feet
    1,858 SF

    Building Details

    Buildings
    3
    Stories
    1
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -118.2562541
    Latitude
    33.9914859

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, restaurant opportunity.
    Where is this restaurant located?
    The property is located at 5626 Central Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,475,000.
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    5626 Central Ave Los Angeles, CA 90011
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    Los Angeles, CA 90011
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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
    5626 Central Ave Los Angeles, CA 90011
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