Multi-Parcel Automotive Service
125 East Florence Avenue Los Angeles, CA 90003
125 East Florence Avenue, Los Angeles, CA, 90003
$3,990,000
For Sale
$3,990,000
Well-established auto service site with two buildings and continuous operations for 40+ years.
Property Size29,185 SF
Lot Size0.67 Acres
Price / SF$136.71
Days on Market85
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
Listing agency
Keller Williams Larchmont
(213) 700-0096
Listed by
Dae Young Hur · License #01489175
(213) 700-0096
Source
Compass
Added: Apr 28 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 6:43AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Local Financial Insights For Industrial
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 | $553.3k | $18.96 |
| − Vacancy | −$35.4k | −$1.21 |
| EGI | $517.9k | $17.75 |
| − OpEx | −$155.4k | −$5.32 |
| NOI | $362.6k | $12.42 |
29,185 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$10.54M
$9.22M – $12.30M
NOI $737,708 @ 7.0% cap · market cap 18.49%
Second Best
Industrial
$5.18M
$4.53M – $6.04M
NOI $362,553 @ 7.0% cap · market cap 9.09%
Theoretical Best
Apartment 5plus
$515.97M
$451.48M – $601.97M
NOI $36,118,015 @ 7.0% cap · market cap 905.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market 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
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
