601 S Record Ave, Los Angeles, CA, 90023
About This Home
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.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1915
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
Cooling
- Cooling features: Central Air
Features
- Balcony
- Flooring: Laminate,Tile
- Fireplace features: Bath,Kitchen,Living Room
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total structure area: 2,256
- Total interior livable area: 2,256 sqft
Property
Details
- Parcel number: 5238016041
- Attached to another structure: Yes
- Zoning: LCR4YY
- Special condition: Standard
Features
- Levels: One,Two,Multi/Split
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Cross Fenced,Privacy,Split Rail
Lot
- Lot size: 3,766 sqft
- Features: Rectangular Lot
Parking
- Total spaces: 4
- Parking features: RV Access/Parking,Shared Driveway,On Street
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $194 | $2,328 |
| Property Taxes | $1,387 | $16,644 |
| Electricity | $483 | $5,805 |
| Total | $7,626 | $91,512 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-24 | Listed for sale | $1,100,000 |
| 2026-04-24 | Listing removed | $1,100,000 |
| 2026-03-20 | Listed for sale | $1,100,000 |
| 2017-03-01 | Sold | $255,000 |
| 2004-10-13 | Sold | $150,000 |
| 2003-03-11 | Sold | $140,000 |
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