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7916 S Central Ave 10,833 SF Retail Building Los Angeles, CA 90001 $2,480,364 CAD ($228.96 CAD/SF) 10.73% Cap Rate



Investment Highlights
- Two residential units with 2 bedrooms and 1 bath each for steady rental income.
- Additional building area ideal for office, retail, or entrepreneurial ventures.
- Located in South Los Angeles with strong access to major roadways and local amenities.
- Spacious ballroom suitable for events, gatherings, or creative business use.
- Large on-site parking area providing convenience for tenants and visitors.
- Multiple income streams available through residential and commercial components.
Executive Summary
Discover a versatile mixed-use property at 7916 South Central Avenue in Los Angeles, offering multiple income-generating opportunities. The property includes two residential units, each with two bedrooms and one bath, providing consistent rental potential. A spacious ballroom adds flexibility for events, gatherings, or conversion into a business or creative space. Additionally, an extra building area is available for office or retail use, expanding the range of possible revenue streams. A large on-site parking area enhances convenience for tenants, guests, and customers—an uncommon advantage in this market. Located in South Los Angeles, the property benefits from strong connectivity to major thoroughfares and a dense local population, making it attractive for both investors and owner-users seeking a live-work environment. This asset combines residential stability with commercial adaptability, creating a compelling opportunity for long-term value and operational flexibility.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,833 SF
Building Class
C
Year Built
1930
Price
$2,480,364 CAD
Price Per SF
$228.96 CAD
Cap Rate
10.73%
NOI
$266,226 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.76
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
C3 - Commercial
Frontage
121’ on Central Ave
Amenities
- Fenced Lot
- Skylights
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $201,772 CAD | |
| Land Assessment | $545,916 CAD | Total Assessment | $747,687 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$545,916 CAD
Improvements Assessment
$201,772 CAD
Total Assessment
$747,687 CAD
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7916 S Central Ave
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