4808 S Central Avenue, Los Angeles, CA 90011

About this commercial property

4808S-4810S Central Ave. It is divided into two addresses. The owner of this area is a good place for redevelopment to investment . With easy access to the I-10 .105 and I-110 and Downtown Los Angeles this area is ideal with convenient access to employment opportunities, education, retail shopping ,and public transportation. Current tenants are short-term rental. Therefore, if you take over this building, it is the best place to expect more monthly rental income by opening at least 2 or 3 retail business locations you want. The subject property built in 1949 is currently zoned LAC2 in a Tier 2 TOC on a 5580 SF lot in a highly trafficked location. The 4808 S Central Ave area market remains one of the most desirable submarkets for living and working. Use retail stores, personal services, photography, travel, etc. The building owner wants to sell quickly in the current condition for personal reasons.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$675,000

Sold July 2023 · listed $950,000, on market February 2023 · MLS #RS23028686 · Source: CRMLS

Listing Agent: Edward Oh · Listing Office: Berkshire Hathaway HomeService · Contact: edwrdoh@gmail.com · Bought with: Mojgan Yamini · Landmark One Realty

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