$1,447,700
PENDING $177K PRICE DROP

Estimated payment $8,769/month

Total Views 6,167
-- Bed
-- Bath
5,565 Sq Ft
$260 Price per Sq Ft

About This Home

4625 S. Central Avenue is an exceptional investment or development opportunity in the thriving South Park area of Los Angeles, California. This property offers a versatile mix of uses, including an auto repair shop, smog check station, grocery store, and an apartment/office space. It encompasses 5,565 gross square feet on a 9,361 square-foot LAC2 zoned C2-1-CPIO lot, within a Tier 2 TOC zone property benefits from multiple access points via Central Ave, 47th Street, and the rear alley. Initially constructed in 1988, this property boasts a prime location near major Los Angeles attractions, such as the University of Southern California, the recently built BMO soccer stadium, the LA Convention Center, and the dynamic employment and entertainment hub of Downtown Los Angeles.

Listing Agent

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641 Listed on: 03/03/2025

REMAX COMMERCIAL & INVESTMENT REALTY

Co-Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,668

Year Built

  • Built in 1988

Lot Details

  • 9,363 Sq Ft Lot
  • Lot Dimensions are 64x146

Interior Spaces

  • 5,565 Sq Ft Home
  • 2-Story Property
  • Alarm System

Parking

  • 15 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-025-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,668

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5565
  • Lot Acreage: 0.2149
  • Lot Dimensions: 64x146
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Alarm System
  • Price Per S Q F T: 260.14

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 15

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 52.10
  • Assessed Improvement Value: 504852
  • Assessed Land Percent: 47.9
  • Assessed Land Value: 464232
  • Total Assessed Value: 969084
  • Assessor Parcel Number: 5108-025-030
  • Lot Size Area: 9363

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.43
  • Number Of Units: 4
  • Total Annual Expense: 40299
  • Type Of Units: Mixed Use
  • Vacancy Rate: 25

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,668 $988,465 $473,516 $514,949
2024 $12,668 $969,084 $464,232 $504,852
2023 $12,433 $950,083 $455,130 $494,953
2022 $11,877 $931,455 $446,206 $485,249
2021 $11,706 $913,192 $437,457 $475,735
2019 $11,368 $886,108 $424,483 $461,625
2018 $11,127 $868,734 $416,160 $452,574
2016 $10,597 $835,000 $400,000 $435,000
2015 $20,186 $1,639,367 $874,329 $765,038
2014 -- $1,607,255 $857,203 $750,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $1,447,700 -10.9% $260 / Sq Ft
03/03/2025 03/03/25 For Sale $1,625,000 -- $292 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Trustee Deed $1,000,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- Fatcola
Grant Deed $890,000 First American Title Co
Grant Deed $1,390,000 Fatcola
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Stewart Title Company
Grant Deed $1,285,000 Stewart Title Company
Interfamily Deed Transfer -- United Title Company-La
Grant Deed -- United Title Company-La
Grant Deed $910,000 --
Interfamily Deed Transfer -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $70,000 Commercial
Previous Owner $1,050,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $835,000 Commercial
Previous Owner $835,250 Commercial
Previous Owner $819,000 Commercial
Previous Owner $560,000 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25505781

The MLS

APN: 5108-025-030