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Retail Space on Florence Avenue
For Lease
$1,000/Mo
Pending

1627 E Florence Ave, Los Angeles, CA 90001

Renovated retail space with high foot and auto traffic.

Space SizeContact for details
Days on Market577

Property Features for 1627 E Florence Ave

General Information

Standard status Pending
Listing Agency: Harcourts Place
Listed By: Paul Conti · License #01007130
Source: Exprealty
Added: Jan 30, 2025 Changed: Aug 20 Last Checked: Aug 29 at 2:36PM

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 Harcourts Place

Investment Insights

Based on property information with market context.

This retail space is located on Florence Avenue, west of the Florence stop of the Los Angeles-Long Beach Blue Line Metrorail. The location benefits from high foot and auto traffic. Traffic counts on this section of Florence Avenue range from 18,000 to over 28,000 cars. Nearby tenants include a second-hand clothing store, a party supply store, a general goods store, and a barber shop. The unit has been recently renovated.

Key Highlights

  • Tremendous foot and auto traffic due to proximity to the Florence Avenue Blue Line Metrorail stop.
  • Excellent retail location on popular Florence Avenue.
  • Recently renovated and ready for a small business.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,650
Businesses Nearby

Demographics for 90001, CA

55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$35.07 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,780 SF
Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail space with high foot and auto traffic.
Where is this retail space located?
The property is located at 1627 E Florence Ave Los Angeles, CA.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Tremendous foot and auto traffic due to proximity to the Florence Avenue Blue Line Metrorail stop.; Excellent retail location on popular Florence Avenue.; Recently renovated and ready for a small business.
More about this property
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