Los Angeles Retail Tire
4254 Floral Dr Los Angeles, CA 90063
4254 Floral Dr, Los Angeles, CA, 90063
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For Sale
Contact for pricing
Single-tenant retail property in high-demand Los Angeles trade area.
Property Size2,526 SF
Lot Size0.16 Acres
Price / SF$475.06
Days on Market541
Property Features for 4254 Floral Dr
General Information
- Standard status
- Active
- Size
- 2,526 SF
- Lot size
- 0.16 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1982
Listing Agency
Realtor Saray - Saray Sanchez - Pro
(323) 360-1895
Listed by
Saray Sanchez · License #01949045
Source
Crexi
Added: Jan 23, 2025 Checked: Jul 17 at 2:32 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realtor Saray - Saray Sanchez - Pro
Investment Insights
Based on property information with market context.
This single-tenant retail property, currently operating as a tire shop, offers 2,526 square feet of space. Constructed in 1982, the property is situated on two parcels totaling 0.16 acres. It is located in a high-demand trade area near the intersection of Floral Drive and North Eastern Avenue in Los Angeles. The property is fully leased and offers steady cash flow with significant upside potential. The short-term lease structure provides flexibility for investors to either occupy the space or adjust rents to market rates, maximizing the property’s operating income. The property is located in a thriving suburban market with strong demographics, excellent foot traffic, and stable tenancy, presenting a compelling investment opportunity with growth potential.
Key Highlights
- Fully leased property providing steady cash flow.
- Located in a high‑demand trade area near Floral Dr and North Eastern Ave in Los Angeles.
- Significant upside potential due to short‑term lease structure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.4k | $36.96 |
| − Vacancy | −$9.6k | −$3.81 |
| EGI | $83.7k | $33.15 |
| − OpEx | −$25.1k | −$9.95 |
| NOI | $58.6k | $23.21 |
2,526 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$837.4K
$732.8K – $977.0K
NOI $58,621 @ 7.0% cap · market cap 4.89%
Second Best
Industrial
$448.3K
$392.2K – $523.0K
NOI $31,379 @ 7.0% cap · market cap 2.61%
Theoretical Best
Multifamily LT 5
$51.18M
$44.78M – $59.70M
NOI $3,582,267 @ 7.0% cap · market cap 298.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mexico Tires
Auto Repair Shop
L A Eastern Tires
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- German Auto of Hollywood — 4300 E 3rd St, Los Angeles, CA 90022
- Duran's Body Shop — 4605 E 3rd St, Los Angeles, CA 90022
- Pep Boys Service Center — east los angeles, ca 90022
- Pep Boys — 256 S Atlantic Blvd, Los Angeles, CA 90022
- Neshek's Auto Repair — 5034 E 3rd St, Los Angeles, CA 90022
FAQs
What type of property is this?
Auto shop - Single-tenant retail property in high-demand Los Angeles trade area.
Where is this auto shop located?
The property is located at 4254 Floral Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Fully leased property providing steady cash flow.; Located in a high‑demand trade area near Floral Dr and North Eastern Ave in Los Angeles.; Significant upside potential due to short‑term lease structure.
