601 S Record Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90023
Analysis of 601 S Record Avenue, Los Angeles, California 90023 is currently available with a list price of $1,100,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Despite the 1915 build year, the residential units have been extensively renovated and are in move-in ready condition. The kitchens feature modern white shaker cabinets, stone countertops, and stainless steel appliances, while the bathrooms and laundry areas include updated fixtures and high-end LG appliances. The property appears well-maintained with updated flooring and paint throughout the living spaces, though the commercial area and exterior reflect a more aged, functional style.
This mixed-use property offers multiple revenue sources, including a long-standing convenience market and two residential units, providing a balanced and stable investment portfolio.
The sale includes all business assets, equipment, inventory, and a valuable active alcohol license, allowing for an immediate and seamless transition for an owner-operator.
Situated on a high-visibility corner within a strong residential neighborhood, the property benefits from consistent foot traffic and excellent street exposure for the commercial component.
Originally constructed in 1915, the property may require significant ongoing maintenance or costly upgrades to aging systems to meet modern building standards.
Managing a mixed-use asset with a retail business and alcohol licensing requires more intensive oversight and specialized management compared to a standard residential investment.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,256 | 2,256 | 50% |
| Lot Size | 3,766 | 5,594 | 33% |
| Price | $1.10M | $1.10M | 50% |
| Price per sq ft | $488 | $488 | 50% |
| Built year | 1915 | 1921 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 379 | 33% |
Mar 20, 2026
$1,100,000
Initial Listing
Mar 1, 2017
$255,000
Public Record
Oct 13, 2004
$150,000
Public Record
Mar 11, 2003
$140,000
Public Record