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$1,100,000
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Property 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.
Full Property Details
Full Property Details for 601 S Record Ave
General
- Price: $1,100,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: PW26060670
- Updated: 5/24/2026
- Days on Market: 86 days
- Added to Site: 118 day(s) ago
Business
- Business Type: Grocery, Convenience Store, Liquor Store
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Los Angeles
- Driving Directions: Cross Streets: E 6th St & S Record Ave
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Utility Description: Water Available, Sewer Available, Phone Available, Natural Gas Available, Sewer Connected, Cable Available, Electricity Available, Water Connected
Structural Information
- # Buildings: 2
- Construction: Stucco
- Roof: Shingle
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 2256
- Square Feet: 2,256
- Current Bldg. Use: Multi-Family, Investment, Residential
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.0865
- Useable Acres: .0865
- Lot Size (Sq. Ft.): 3,766
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Rectangular Lot
- Lot Description: Corner Lot, Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $487
Disclosures and Reports
- Property ID: 5238016041
Listed by Real Brokerage Technologies, AaronArreola
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Schools
Schools serving 601 S Record Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Rowan Avenue Elementary School 600 South Rowan Avenue, Los Angeles, CA 90023 | K-2 | 0.2 mi |
Robert Louis Stevenson Middle School 725 South Indiana Street, Los Angeles, CA 90023 | 6-8 | 0.6 mi |
Engineering And Technology Academy At Esteban E. Torres High No. 3 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Social Justice Leadership Academy At Esteban E. Torres High No. 5 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022 | 9-12 | 1 mi |
James A. Garfield Senior High School 5101 E. Sixth St., Los Angeles, CA 90022 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 S Record Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 601 S Record Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,243
3%
$530,603
2%
2024
$7,978
3%
$520,200
2%
2023
$7,740
34%
$510,000
43%
2022
$5,776
1%
$357,618
2%
2021
$5,707
-1%
$350,607
1%
2020
$5,740
3%
$347,013
2%
2019
$5,557
2%
$340,210
2%
2018
$5,443
47%
$333,540
80%
2017
$3,691
2%
$185,444
2%
2016
$3,601
1%
$181,808
2%
2015
$3,557
—
$179,078
2%
2014
$3,554
1%
$175,571
—
2013
$3,533
—
$174,778
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 601 S Record Ave
601 S Record Avenue, Los Angeles, CA 90023 (MLS# PW26060670) is a Commercial property. 601 S Record Avenue is currently listed for $1,100,000 and was received on March 18, 2026. Want to learn more about 601 S Record Avenue? Do you have questions about finding other Commercial real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

