Property profile

1541 Central Ave Los Angeles, CA 90021

OFF-MARKET
Gas stations
Property ID
US10-0468461
1,540 SF 0.36 ac lot Built 1964
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional opportunity to acquire a well-established Shell gas station located in the heart of Los Angeles' Fashion District. This turnkey operation boasts 1,540 square feet of building space situated on a 15,625 square foot lot, offering significant frontage and visibility adjacent to the I-10 Freeway entrance. The property includes two buildings, each one story, and features six pumps with twelve dispensers, selling both gasoline and diesel fuel. The current zoning is LAM2. Built in 1964, this property presents a strong investment opportunity with the existing Shell contract extending until December 31, 2032. The asking price for the property and business is $6,150,000, translating to $3,993.51 per square foot. The property's address is 1541 S Central Ave, Los Angeles, CA 90021, with APN 5132-023-027. This is a rare chance to own a thriving business in a high-demand area.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1964
Total area 1,540 SF
Lot 0.36 ac (15,626 SF)
Zoning code LAM2
APN 5132-023-027
UPID US10-0468461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Restaurant
  • Atm
  • Restaurant
  • Restaurant Take-out & Catering

Location

1541 Central Ave Los Angeles, CA 90021-2608
Los Angeles metro Census 226002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.27M
Blend (final) Blend
$4.79M

Owner & transaction history

since 2025
Last sale
$4.6M
7 recorded transactions
2026
Price N/A
2025
$4.6M
2019
Price N/A
2018
Price N/A
2016
Price N/A
2014
$1.5M
2014
Price N/A

Zoning & alternative use

LAM2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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