1541 S Central Ave, Los Angeles, CA 90021
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1541 S Central Ave Los Angeles, CA 90021

$4,550,000
  • -- Beds
  • -- Baths
  • 1,541 Sq.Ft.
For Sale
$4,550,000 Get Pre-Qualified

Map preview of 1541 S Central Ave, Los Angeles, CA 90021

Property Overview: 1541 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,541 living square feet and 15,625 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: This is a sale of the Property and the Business Opportunity Shell Gas Station located in the City of Los Angeles. Building is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District with exceptional exposure and frontage. The subject property consists of approximately 1,540 square feet of building situated upon 15,625 square feet of land. Gas Station has 6 pumps with 12 dispensers and is selling both gasoline and diesel. Subject property to be sold together with the Business Opportunity for $6,150,000. Excellent opportunity.

Listed by Ashot Grigoryan | BRE #01789785 | Keller Williams R. E. Services
Co-listed by Armina Mekertichian | BRE #01765343 | Keller Williams Realty
Last checked: 9 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 37
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Home details

Lot Sq. Ft
15,625
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Retail
Status
Active
MLS#
GD24058470
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 0
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

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Property Details for 1541 S Central Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Seller
  • Common Interest: None
Property Information
  • Parcel Number: 5132023027
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 1541 South Central Ave. , Los Angeles , CA 90021
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Sale History for 1541 S Central Ave

Last sold for $1,500,015 on March 19th, 2014
  • March, 2024

  • Mar 23, 2024

    Date

    Expired

    CRMLS: 320009393

    $1,650,000

    Price

  • Feb 21, 2022

    Date

    Active

    CRMLS: 320009393

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    This is a sale of the Shell Gas Station located in the City of Los Angeles. Business is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District with exceptional exposure and frontage. Gas Station has 6 pumps with 12 dispensers and is selling both gasoline and diesel. Business Opportunity to be sold together with the Property for $5,950,000. Excellent opportunity.

  • March, 2024

  • Mar 23, 2024

    Date

    Expired

    CRMLS: 320009392

    $4,300,000

    Price

  • Feb 21, 2022

    Date

    Active

    CRMLS: 320009392

    $4,500,000

    Price

  • Listing provided courtesy of CRMLS

    This is a sale of the Property and the Business Opportunity Shell Gas Station located in the City of Los Angeles. Building is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District with exceptional exposure and frontage. The subject property consists of approximately 1,540 square feet of building situated upon 15,625 square feet of land. Gas Station has 6 pumps with 12 dispensers and is selling both gasoline and diesel. Subject property to be sold together with the Business Opportunity for $5,950,000. Excellent opportunity.

  • March, 2024

  • Mar 23, 2024

    Date

    Active

    CRMLS: GD24058470

    $4,550,000

    Price

  • June, 2021

  • Jun 9, 2021

    Date

    Active

    CRMLS: 320006401

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    Flex space for lease in the City of Los Angeles. Building is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District. Building is a part of the busy Shell Gas Station. Space features approx. 700 sqft with office space and bathroom. Space potentially can be used as Mechanic Shop , Tire Shop , Car Window Tinting Shop or other automotive related businesses.

  • May, 2021

  • May 28, 2021

    Date

    Withdrawn

    CRMLS: 320005450

    $47,500

    Price

  • Listing provided courtesy of CRMLS

    This is a sale of the Fast Food Restaurant in the City of Los Angeles. Business is conveniently located adjacent to I-10 Freeway entrance in Downtown LA Fashion District. Restaurant is located inside the busy Shell Gas Station store and has a full kitchen. Restaurant is known for its high class customer service and has a steady clientele. Business has a good upside potential. Seller is very motivated.

  • March, 2014

  • Mar 19, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,500,015

    Price

  • October, 2012

  • Oct 31, 2012

    Date

    Sold (Public Records)

    Public Records

    $825,008

    Price

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Tax History for 1541 S Central Ave

Assessed Value (2020): $1,681,338
Year Land Value Improved Value Assessed Value
2020 $1,569,251 $112,087 $1,681,338

Home Value Compared to the Market

This property vs the competition

1541 S Central Ave is listed 271.43% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $2952.63 per/sqft which puts the price per square foot 281.48% higher than the median price per square foot for the city of Los Angeles.

About 1541 S Central Ave

Detailed summary of property

1541 S Central Ave is a retail located in Los Angeles, CA 90021 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 1,541 living square feet, and sits on an approximately 15,625 square foot lot. 1541 S Central Ave was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $4,550,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 271.43% higher than the median priced home. Local competing homes currently for sale include 2210 E Highland Ave. While the average home in Los Angeles, CA is selling in 96 days, 1541 S Central Ave has a days on market of 37 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1541 S Central Ave Los Angeles, CA 90021 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1541 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
1,540
Lot Size
15,625
Stories
1
Type
Service Station (Full Service)
Pool
No
Spa
No
County
Los Angeles
Lot#
8-10
APN
5132-023-027

The source for these homes facts are from public records.

90021 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$925
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
7
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
--

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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.