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    1542 E Florence Ave, Unit Los Angeles Los Angeles, CA 90001

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    For Sale
    $1,385,000

    Medical/retail building on a major thoroughfare in South Los Angeles.

    Property size:
    2 SF

    Property Features for 1542 E Florence Ave

    General Information

    Size
    2 SF

    Building Details

    Year built
    1942

    Source: Kathi Constanzo Agent Kathi Constanzo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Sale

    The property is a retail or medical building located on a major thoroughfare in South Los Angeles. Constructed in 1942, the building was remodeled in 2021, which included a new roof and HVAC system following a small fire. The building has a size of approximately 2,407 square feet and is situated on a lot of approximately 5,392 square feet. The property is located on a highly trafficked street with high visibility and foot traffic, making it suitable for an owner/user. This property presents an opportunity to own a medical clinic or retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crown City Medical ... Medical Clinic Dr. Juventino T. ... Pediatrician Alberto Encina Family Practice Physician AltaMed Medical Group ... Medical Center JULIAN RESTREPO Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.303966
    Latitude
    33.9744072

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    FAQs

    What type of property is this?
    Medical office - Medical/retail building on a major thoroughfare in South Los Angeles.
    Where is this medical office located?
    The property is located at 1542 E Florence Ave, Unit Los Angeles Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,385,000.
    What are key features of this property?
    This property features: - Rare retail/medical building opportunity in South Los Angeles.; - Located on a highly trafficked street with great visibility and foot traffic.; - Remodeled in 2021 with a new roof and HVAC system.
    (626) 898-2308
    Request Owner's contact information
    1542 E Florence Ave, Unit Los Angeles Los Angeles, CA 90001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1542 E Florence Ave, Unit Los Angeles Los Angeles, CA 90001
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