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    Multi-Parcel Automotive Service Site Title is generated by Realmo AI

    125 East Florence Avenue, Los Angeles, CA 90003

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    For Sale
    $3,990,000

    Well-established auto service site with two buildings and continuous operations for 40+ years.

    Type:Land Lot
    Property size:
    29,185 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $136/SF
    Added:
    May 26, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 6 at 4:34 am

    Property Features for 125 East Florence Avenue

    General Information

    Standard status
    Active
    Size
    29,185 SF
    Lot size
    0.67 Acres
    Property subtype
    Land Lot

    We can help!

    Listing Contact
    Dae Young Hur

    Listing agent Dae Young Hur License #01489175

    Listing office Keller Williams Larchmont

    Listing date May 26, 2026

    Source Compass

    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

    HighLights

    • 6‑parcel property (APNs: 6011‑007‑040, 041, 042, 043, 053, and 054) totaling approx. 29,187 SF of land
    • Two buildings totaling 8,688 SF: 6,188 SF main building built in 1995 and 2,500 SF second building built in 1986
    • Auto service site operated continuously for over 40 years with established relationships and repeat customers
    • Business and real estate offered together at $6 million; business and inventory estimated over $4 million and real estate valued $4 million separately

    Overview

    This offering comprises six parcels (APNs: 6011-007-040, 041, 042, 043, 053, and 054) totaling approximately 29,187 SF of land with approximately 8,688 SF of buildings. The improvements include a 6,188 SF main building built in 1995 and a 2,500 SF second building built in 1986. The site has been operated continuously for over 40 years and is described as a well-known name within the local automotive industry with established repair shop relationships and repeat customers.

    The property is located at 125 East Florence Avenue in Los Angeles, CA 90003, along an automotive corridor. It presents a straightforward platform for an owner-operator to continue the existing use or for a buyer evaluating redevelopment and/or repositioning of the site.

    For buyers interested in the full operating platform, the business and inventory are being offered together with the real estate, with estimates provided for the business and inventory at over $4 million. The real estate is also indicated as valued separately at $4 million, and the listing includes a sale price of $3,990,000 for the property. This configuration supports options ranging from continued operation to redevelopment planning, based on the buyer’s intended strategy for the multi-parcel automotive site.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • M&M Auto Repair — 8101 S Figueroa St, Los Angeles, CA 90003
    • J&D Auto Body Repair — W 83rd St, Los Angeles, CA 90003
    • Figueroa's Auto Repair — Los Angeles, CA 90003
    • Fuqueroa's Auto Repair — Los Angeles, CA 90003
    • Wildtrak Roadside Assistance — 8308 S Broadway, Los Angeles, CA 90003

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2728898
    Latitude
    33.9748636

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    FAQs

    What type of property is this?
    Auto shop - Well-established auto service site with two buildings and continuous operations for 40+ years.
    Where is this auto shop located?
    The property is located at 125 East 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: 6‑parcel property (APNs: 6011‑007‑040, 041, 042, 043, 053, and 054) totaling approx. 29,187 SF of land; Two buildings totaling 8,688 SF: 6,188 SF main building built in 1995 and 2,500 SF second building built in 1986; Auto service site operated continuously for over 40 years with established relationships and repeat customers
    (213) 700-0096
    We can help!
    Listing Contact
    Dae Young Hur
    Real Estate License ID: 01489175
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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