601 S Record AVE, Los Angeles, CA 90023
601 S Record AVE, Los Angeles, CA 90023
601 S Record AVE, Los Angeles, CA 90023
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$1,100,000
Est. payment /mo
3,767 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26061188

HOA Y/N No

Year Built 1915

Lot Size 3,767 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent opportunity to own a well-established mixed-use property LCR4YY zone, in a high-visibility corner location within a strong residential neighborhood. The property features a successful, long-standing convenience market with a small meat counter and active alcohol license. Sale includes all business assets, licensing, equipment, and inventory, making it a true turnkey opportunity. The building offers multiple income streams, including two 1-bedroom, 1-bath units. The upstairs unit features a private balcony, while the second unit has been legally converted into a permitted ADU. All units are separately metered, with residential units currently on month-to-month terms, providing flexibility for an owner-user or investor. With steady foot traffic, strong street visibility, and additional upside potential, this property is ideal for a business owner looking to operate and own real estate, or an investor seeking a stable, income-producing asset.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR4YY

Interior

Interior Features Balcony

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type Bath, Kitchen, Living Room

Fireplace Yes

Laundry Inside

Exterior

Parking Features RV Access/Parking, Shared Driveway, On Street

Fence Cross Fenced, Privacy, Split Rail

Pool None

Community Features Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level One,Two,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories One, Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5238016041

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, FHA, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, FHA, Owner May Carry, Submit

Special Listing Condition Standard

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Listed by Aaron Arreola Real Brokerage Technologies 310-756-8262, DRE #01953659

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Diego Magdaleno

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601 S Record AVE