For Sale
$1,475,000

5626 Central AveLos Angeles, CA 90011

Prime location, high traffic, restaurant opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
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 Details for 5626 Central Ave

Property type
Retail properties, Restaurants
Square Feet
1,858 SF
Buildings
3
Stories
1
Units
3

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9914859
Longitude
-118.2562541
5626 Central Ave, Los Angeles, California

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5626 Central Ave
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