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    Signalized Corner Retail Center Title is generated by Realmo AI

    2566 Clarendon Ave, Huntington Park, CA 90255

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    Retail center available for sale on a signalized corner.

    Type:Retail
    Property size:
    12,450 SF
    Price / SF:
    $301/SF
    Added:
    Nov 21, 2022
    Days on Market:
    1325
    Last Refresh:
    Jul 5 at 6:47 am

    Property Features for 2566 Clarendon Ave

    General Information

    Standard status
    Active
    Size
    12,450 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1929

    We can help!

    Contact an agent
    Omid Saleh

    Listing office KW Commercial L.A. Westside

    Listing date Nov 21, 2022

    Source Crexi

    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 KW Commercial L.A. Westside

    HighLights

    • Signalized corner location offers excellent visibility.
    • Retail center provides diverse business opportunities.
    • Available for sale, a great investment opportunity.
    • Year built: 1929.

    Overview

    A retail center situated on a signalized corner is available for purchase. The property encompasses a total area of 12450 square feet. This commercial real estate is suitable for retail and shopping center operations.

    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 $421.3k $33.84
    − Vacancy −$27.8k −$2.23
    EGI $393.5k $31.61
    − OpEx −$118.1k −$9.48
    NOI $275.5k $22.12
    12,450 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.94M
    $3.44M – $4.59M (±1% cap)
    NOI $275,451 @ 7.0% cap · market cap 7.35%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.67M
    $5.83M – $7.78M (±1% cap)
    NOI $466,598 @ 7.0% cap · market cap 12.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon

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

    Similar Places Nearby

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    • Coinstar Kiosk | Bitcoin ATM — Bodega Latina, 7000 Alameda St, Huntington Park, CA 90255, United States
    • Metro Swapmeet — 7230 Maie Ave, Los Angeles, CA 90001

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.2256351
    Latitude
    33.9833366

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    FAQs

    What type of property is this?
    Shopping center - Retail center available for sale on a signalized corner.
    Where is this shopping center located?
    The property is located at 2566 Clarendon Ave Huntington Park, CA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Signalized corner location offers excellent visibility.; Retail center provides diverse business opportunities.; Available for sale, a great investment opportunity.
    (310) 482-2500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Omid Saleh
    Real Estate License ID: CA 01980838
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