Prime Automotive Land in Los
For Sale
$3,990,000
125 E Florence Ave, Los Angeles, CA 90003
Land, Los Angeles, CA
Property Size8,688 SF
Lot Size0.09 Acres
Price / SF$459.25
Days on Market92
Property Features for 125 E Florence Ave
General Information
Property type
Land
Property subtype
Other
Zoning
LAC2
Lot features
5 + Lots
Directions
E of main st and north of Florence
Subdivision
Downtown L.A.
Standard status
Active
APN
6011-007-040
Size
8,688 SF
Lot size
0.09 Acres
Listing Agency:
Keller Williams Larchmont · Keller Williams Realty
(323) 762-2600
Listed By:
Dae Young Hur · License #01489175
(213) 700-0096
Added: May 28
Changed: Aug 19
Last Checked: Aug 27 at 7:06PM
MLS# 26840077
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering comprises six parcels, identified as APNs 6011-007-040, 041, 042, 043, 053, and 054, totaling approximately 29,187 square feet of land. The site includes 8,688 square feet of building area, featuring a 6,188-square-foot main building constructed in 1995 and a secondary 2,500-square-foot building built in 1986. Having operated continuously for over 40 years, the property is a fixture in the local automotive industry, maintaining established relationships with repair shops and a base of repeat customers. Situated in a prime Los Angeles automotive corridor, this property presents an opportunity for an owner-user, investor, or redevelopment buyer to continue the existing operation or reposition the site. The zoning is LAC2.
Key Highlights
- Prime Los Angeles automotive corridor location.
- Established business with 40+ years of operation and repeat customers.
- Significant building square footage: 8,688 SF across two buildings.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$219,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Industrial
$1.54M
$1.35M – $1.80M
NOI $107,927 @ 7.0% cap · market cap 2.70%
Theoretical Best
Apartment 5plus
$153.60M
$134.40M – $179.20M
NOI $10,751,870 @ 7.0% cap · market cap 269.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 7421 S Broadway, Los Angeles, CA 90003
- Aventador Los Angeles-Rolls Royce los Angeles-Raven Swanson Fajob — 7501 Main St, Los Angeles, CA 90003
- Florence Auto Paint & Body — 219 E Florence Ave, Los Angeles, CA 90003
- U-Haul Neighborhood Dealer — 508 E Florence Ave, Los Angeles, CA 90003
- Ventura Polishing — 6527 McKinley Ave # C, Los Angeles, CA 90001
Frequently Asked Questions
What type of property is this?
Automotive property - Six parcels with buildings in established automotive corridor.
Where is this automotive property located?
The property is located at 125 E Florence Ave 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: Prime Los Angeles automotive corridor location.; Established business with 40+ years of operation and repeat customers.; Significant building square footage: **8,688 SF across two buildings.**
