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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

Superior Grocers
Wells Fargo Home Mortgage
Yoshinoya

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6028-001-016
  • 6028-001-015
Land Assessment
$545,916 CAD
Improvements Assessment
$201,772 CAD
Total Assessment
$747,687 CAD
  • Listing ID: 40048324

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 7916 S Central Ave, Los Angeles, CA 90001

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