601 S Record Avenue, Los Angeles, CA 90023
Los Angeles County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Mixed Use
Year Built
1915
Stories
2
Living Area
2,256 sq ft
Lot Size
0.09 acres
Parking Spaces
4
Zoning
LCR4YY
Days on Market
34
MLS® Listing#
PW26061188
Property Features
Exterior
Cooling
Flooring
Fireplace
Pool
Parking
Laundry
Fencing
Lot Features
Community
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
5238016041
Directions
Cross Streets: E 6th St & S Record Ave
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Los Angeles, CA
- $1,000,000
- Median Listing Price
- 88
- Median Days on Market
- 2,130
- Median Sq Ft
- $593
- Median Price / Sq Ft
- 6,102
- Active Listings
- This home’s price is 10% above the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Los Angeles, CA.
Location
Points of Interest in Los Angeles, CA
Showing the Los Angeles area map.
Nearby Schools
Rowan Avenue Elementary School
Elementary · 0.2 mi away
Amanecer Primary Center
Elementary · 0.3 mi away
Our Lady of Lourdes Catholic Church
School · 0.4 mi away
City of Angels
School · 0.4 mi away
Alliance College-Ready Middle Academy 8
School · 0.6 mi away
Belvedere Elementary School
Elementary · 0.6 mi away
Collegiate Charter High School of Los Angeles
Secondary · 0.6 mi away
Robert Louis Stevenson Middle
Elementary · 0.6 mi away
Alliance Morgan McKinzie High School
Secondary · 0.6 mi away
Kipp Academy of Innovation
School · 0.7 mi away
Ramona Opportunity High School
Secondary · 0.7 mi away
Marianna Avenue Elementary
Elementary · 0.7 mi away
Humphreys Avenue Elementary
Elementary · 0.7 mi away
Cristo Viene Christian School
School · 0.8 mi away
Eastman Avenue Early Education Center
Elementary · 0.8 mi away
Belvedere Middle School
Secondary · 0.8 mi away
Belvedere Junior High School
Secondary · 0.8 mi away
Kipp la Schools
School · 0.8 mi away
Our Lady of Victory School
School · 0.8 mi away
Ford Blvd Elementary School
Elementary · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4165 2nd, Los Angeles, CA | $770,000 | 3 | 1 | 1,041 |
| 943 W 65th, Los Angeles, CA | $770,000 | — | — | 2 |
| 6674 Easton, East Los Angeles, CA | $770,000 | 3 | 2 | 1,165 |
| 943 W 65th, Los Angeles, CA | $770,000 | 7 | 3 | 3,260 |
| 1415 Eudora Court, Los Angeles, CA | $770,000 | 3 | 3 | 1,496 |
| 1415 Eudora, Los Angeles, CA | $770,000 | 3 | 3 | 1,496 |
Moving Cost Estimate
EXIT Agents in Los Angeles
Listing Courtesy: Real Brokerage Technologies - 310-756-8262
Presented by: Aaron Arreola
Licensed in the state of California.