12000 S Central Ave, Los Angeles, CA 90059
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12000 S Central Ave Los Angeles, CA 90059

$88,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$88,000 Get Pre-Qualified

Map preview of 12000 S Central Ave, Los Angeles, CA 90059

Property Overview: 12000 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Busy Fast-Food Restaurant for Sale in Los Angeles! Located in a bustling plaza on a busy street in Los Angeles, this thriving fast food restaurant is now available for sale. It is conveniently situated near the 105 and 110 freeway exits, with popular dining establishments such as Taco, Denny’s, and El Pollo Loco nearby, as well as supermarkets, parks, commercial, and residential areas. This densely populated and high-traffic area ensures a steady flow of customers. The small plaza features a liquor store, bike & skate shop, and is equipped with a 24-hour CCTV surveillance system and nighttime security patrols, along with secure iron gates. The fast-food restaurant itself boasts a spacious kitchen and operational area, fully equipped with three large refrigerators, one small refrigerator, a beverage cooler, stainless steel workstations, a large storage cooler, a large stove with three separate burners, two deep fryers, and two large sinks. The business name and sign are included, along with a computer cash register and operating system, making it ready for immediate operation. With a low rent of just $1880 per month and additional operating costs, including utilities and insurance, not exceeding $1000, this business is ideal for a couple or family operation. It requires only one to two employees, making it a simple, efficient, and cost-effective fast-food business. Don’t miss this opportunity to take over a well-established and easily manageable fast-food restaurant!

Listed by Jian Jiang | BRE #01935128 | CBD INVESTMENT INC.
Co-listed by David Tam | BRE #01714294 | CBD Investment Inc T.C.
Last checked: 3 minutes ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Active
MLS#
WS24165558
City
Los Angeles
County
Los Angeles
Time on Site
39 days

Open Houses for 12000 S Central Ave

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Property Details for 12000 S Central Ave

Location / Neighborhood
Location Information
  • Directions: E 120th St and 12000 S Central Ave
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Sale History for 12000 S Central Ave

Last sold for $2,700,000 on July 22nd, 2020
  • August, 2024

  • Aug 10, 2024

    Date

    Active

    CRMLS: WS24165558

    $88,000

    Price

  • July, 2020

  • Jul 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,700,000

    Price

  • July, 2006

  • Jul 27, 2006

    Date

    Sold (Public Records)

    Public Records

    $2,000,000

    Price

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Tax History for 12000 S Central Ave

Assessed Value (2020): $1,451,000
Year Land Value Improved Value Assessed Value
2020 $751,000 $700,000 $1,451,000

Home Value Compared to the Market

This property vs the competition

12000 S Central Ave is listed 92.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 12000 S Central Ave

Detailed summary of property

12000 S Central Ave is a business located in Los Angeles, CA 90059 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 12000 S Central Ave was first listed on ArdentRealEstateGroup.com on August 10, 2024. The homeowner is currently asking $88,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 92.67% lower than the median priced home. Local competing homes currently for sale include 800 N Hacienda Blvd, 9562 Garden Grove Blvd #G and 12192 Brookhurst St. While the average home in Los Angeles, CA is selling in 106 days, 12000 S Central Ave has a days on market of 38 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 12000 S Central Ave Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12000 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1982
Sq. Ft.
4,520
Lot Size
17,917
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6148-029-001

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$504
Total Inventory
41
Median Sale to List Price %
102.52%
Avg Days on Market
29
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (16.67%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.