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    5701-5703 N Figueroa St Highland Park, CA

    For Sale
    $5,200,000

    Retail property for sale in Highland Park on Figueroa St.

    Property size:
    5,700 SF
    Lot size:
    0.18 Acres

    Property Features for 5701-5703 N Figueroa St

    General Information

    Size
    5,700 SF
    Lot size
    0.18 Acres

    Source: Stevenson Real Estate Services Agent David “Randy” Stevenson

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

    Overview

    Highland Park Retail Property For Sale

    Located at the corner of Figueroa St and Avenue 57 in Highland Park, this retail property is available for sale. It can be acquired either by an owner-user or an investor. The property is currently occupied by Antigua Bread, which has been in business since 2007 and is operated by the property owners. Upon sale, the ownership will either vacate the premises or execute a long-term lease for the space. Other tenants in the building include Kotn, Viva Hair Studio, and a barbershop. Kotn's lease expires on June 30, 2027, with one five-year option to extend at fair market value. Viva Hair Studio and the barbershop are operating on a month-to-month basis. The property has a size of 5,700 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Highland Park Fresh Flowers, Gift shop & flowers & Tailer, Belen Flowers, The Magic Rose

    Map

    City
    Highland Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.1989617
    Latitude
    34.1119534

    Nearby Similar for Sale

    • $5,300,000
      18,658 SF

      Highland Park Apartment Complex

      24-unit building, prime Highland Park location.
      5670 Ash St, Highland Park, CA 90042
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property for sale in Highland Park on Figueroa St.
    Where is this storefront property located?
    The property is located at 5701-5703 N Figueroa St Highland Park, CA.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Figueroa St and Avenue 57 in Highland Park.; - Opportunity for owner-user or investor.; - Existing tenant Kotn has a lease expiring June 30, 2027, with a five-year option to extend.
    (818) 634-3281
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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
    5701-5703 N Figueroa St Highland Park, CA
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