Two-Building Automotive
125 E Florence Avenue, Los Angeles, CA 90003
For Sale
New
$3,990,000
The site includes two buildings and has served the local automotive industry for more than 40 years.
Property Size8,688 SF
Lot Size0.67 Acres
Price / SF$459.25
Days on Market5
Property Features for 125 E Florence Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Financials
Asking Price
Business Included
Site & Location
Neighborhood
Additional Details
Currently Operating
Amenities
29185
0.67
Assessor
Building Details
Year Built
Buildings
Listing Agency:
Keller Williams Larchmont
Listed By:
Dae Young Hur · License CA #01489175
(213) 700-0096
Source:
Stiglerhomes
Added: Nov 9
Changed: Nov 13
Last Checked: Nov 13 at 2:46AM
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 Keller Williams Larchmont
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Los Angeles property comprises two buildings totaling 8,688 square feet. The main building measures 6,188 square feet and was built in 1995; the second building contains 2,500 square feet and dates to 1986. The property has supported an automotive operation for over 40 years, with established connections to repair shops and repeat customers.
Located at 125 E Florence Avenue, the property is zoned LAC2. The offering comprises six parcels and includes the business and real estate.
Located at 125 E Florence Avenue, the property is zoned LAC2. The offering comprises six parcels and includes the business and real estate.
Key Highlights
- Two buildings total 8,688 SF
- Main building: 6,188 SF, built in 1995
- Second building: 2,500 SF, built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$219,606
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,392,120
$4.4M
Cap Rate 7%
$3,137,229
$3.1M
Cap Rate 9%
$2,440,067
$2.4M
Market Conditions
NOI Build-Up for 8,688 SF
Gross rent
$321.1K $36.96/SF
− Vacancy
−$7.4K −$0.85/SF
EGI
$313.7K $36.11/SF
− OpEx
−$94.1K −$10.83/SF
NOI
$219.6K $25.28/SF
Area
ZIP 90003
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,392,120
Cap Rate 7%
$3,137,229
Cap Rate 9%
$2,440,067
Alternative Uses
Best Use
Retail
$3.14M
$2.75M – $3.66M
NOI $219,606 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,786 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Los Angeles, CA
Properties on Market for Storefront properties in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Similar Off Market Nearby
- Jose's Flowers — E Florence Ave, Los Angeles, CA 90003
- Jose Arrangements Flowers — 7201 San Pedro St, Los Angeles, CA 90003
- Kendra's Flowers — 730 E Florence Ave, Los Angeles, CA 90001
- Mishelle Flower — Los Angeles, CA 90044
Frequently Asked Questions
What type of property is this?
Storefront property - The site includes two buildings and has served the local automotive industry for more than 40 years.
Where is this storefront property located?
The property is located at 125 E Florence Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Two buildings total 8,688 SF; Main building: 6,188 SF, built in 1995; Second building: 2,500 SF, built in 1986
