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31260510
31260511

3248 E Florence Ave, Huntington Park, CA 90255

JG
CA CA 01364065
CBRE - Orange County
AF
CA 01423821
CBRE - Orange County
JK
CA 01052330
CBRE - Orange County
KK
CA 02068777
CBRE - San Jose
Listed by CBRE - Orange County, CBRE - San Jose
$1,500,000
71 days on market
Updated 8 days ago

3248 E. Florence Avenue

Details
APN 6213‑001‑027
Property Type Retail
Sub Type Shopping Center
Square Footage 6,682
Cap Rate 7.94%
NOI $119,054
Occupancy 80%
Tenancy Multi
Price per SqFt $224
Year Built 1959
Buildings 1
Stories 1
Lot Size (SqFt) 0.26
Zoning HPCG
Parking Spaces 11 spaces
Parking Per SqFt 1.65
Investment Type Value Add
Ground Lease No

Court Ordered Sale | Multi-Tenant Commercial Property in Los Angeles County | Huntington Park, CA

Marketing description

Multi-Tenant Commercial Property in Prime Los Angeles County Location. Court Ordered Sale / Subject to Court Confirmation

Download our Offering Memorandum: bit.ly/3NZycOf

Investment highlights

Value‑Add Opportunity - In‑place rents average just $1.15 gross, offering clear upside as leases roll and rents are marked to market.

Service-Oriented Tenants - The property consists of a diverse mix of service-oriented tenants, including commercial and automotive uses, that cater to the immediate trade area.

Owner‑User Flexibility - Most in‑place leases expire within the next 24 months, and one existing vacancy creates a near‑term opportunity for owner occupancy.

High‑Barrier Infill Location - Located along Florence Avenue in Huntington Park, where limited zoning, scarce replacement sites, and strong density restrict new supply and support long‑term demand.

Listing Contacts

JG
CA CA 01364065
CBRE - Orange County
AF
CA 01423821
CBRE - Orange County
JK
CA 01052330
CBRE - Orange County
KK
CA 02068777
CBRE - San Jose
Listed by CBRE - Orange County, CBRE - San Jose

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,054.00
$9,921.17/mo

Valuation Metrics

0
DSCR
7.94%
Cap Rate
7.94%
ROI

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Additional Information

Name
Jay Gomez
License
CA 01364065
Brokerage Phone
8313259847
Title
CALIFORNIA (CA)
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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