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Food Truck/Commissary Business + Real Estate 5625 Avalon Blvd

9,979 SF Industrial Building Los Angeles, CA 90011 $13,000,000 ($1,303/SF)

Investment Highlights

  • Avalon Foods Business + Real Estate (Must be Purchased Together)
  • $9,000,000 for Real Estate ($120 per SF Land Value) + $4,000,000 for Business
  • 112 Food Truck Stalls
  • Food Truck Parking/Commissary/Catering/Wholesale Foods
  • 9,979 SF Warehouse with Freezer/Refrigerator Storage on 74,556 SF of Land
  • Zoned LA C2-1VL-CPIO and LA R2-1-CPIO

Executive Summary

$9,000,000 for real estate ($120 per SF land value) + $4,000,000 for food truck/commissary/wholesale foods business. Must be purchased together. Seller financing available: $5,000,000; 5 years; 4.5% interest.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $3,600,000 $360.76
Other Income - -
Vacancy Loss - -
Effective Gross Income $3,600,000 $360.76
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $3,600,000
Annual Per SF $360.76
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $3,600,000
Annual Per SF $360.76
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $13,000,000
Price Per SF $1,303
Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Refrigeration ColdStorage
  • Industrial Service
Building Class C
Lot Size 1.71 AC
Rentable Building Area 9,979 SF
No. Stories 1
Year Built 1938
Tenancy Single
Parking Ratio 11.22/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 1

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

About 5625 Avalon Blvd , Los Angeles, CA 90011

Business and real estate for sale together. Purchase opportunity for food companies, catering firms, ghost kitchens, food truck routes, etc. 9,979± SF warehouse with various freezer & refrigerator storage on 74,556± SF of land. Avalon Foods has $3,600,000 annual gross income from food trucks and catering business (35% margins). Food truck parking brings in $100,000 per month. Commissary/wholesale food brings in $200,000 per month. 112 food truck stalls with wash hoses; 10 ice machines (5 ton each); 4 walk-in refrigerators; 1 freezer; dry warehouse storage; heavy power (buyer to verify); propane gas on site. Main parcels are located on the west side of Avalon Blvd block-to-block between 56th Street and 57th Street. Main parcel’s frontage on 3 streets: 255' on Avalon Blvd, 366' on 57th St, and 169' on 56th St. Easy access in and out of greater Los Angeles. 5 blocks east of the Harbor (110) Freeway. TOC: Tier 2 — C2/R2 zoning allows for future development. Non-contiguous parcels at 5503 Avalon Blvd and 442 E 57th St may be purchased separately together (total of 11,700 SF of land); call broker for details).

Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5101-004-005
  • 5101-005-023
  • 5101-004-006
  • 5101-003-001
  • 5101-004-026
Land Assessment
$4,464,354 (2024)
Improvements Assessment
$269,463 (2024)
Total Assessment
$4,733,817 (2024)

zoning

Zoning Code LA C2-1VL-CPIO
LA C2-1VL-CPIO
  • Listing ID: 31755024

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 5625 Avalon Blvd, Los Angeles, CA 90011

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