Retail Space on Florence
For Lease
$1,000/Mo
Pending
1627 E Florence Ave, Los Angeles, CA 90001
Renovated retail space with high foot and auto traffic.
Space SizeContact for details
Property Size1,000 SF
Days on Market142
Property Features for 1627 E Florence Ave
General Information
Standard status
Pending
Size
1,000 SF
Property subtype
Commercial
Building Details
Building Size
1,000 SF
Year Built
1939
Listing Agency:
Harcourts Place
Listed By:
Paul Conti · License #01007130
(949) 445-3467
Source:
Elliman
Added: May 26
Changed: Oct 11
Last Checked: Oct 12 at 8:20PM
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 Harcourts Place
Investment Insights
Based on property information with market context.
This retail space is located on Florence Avenue, west of the Florence stop of the Los Angeles-Long Beach Blue Line Metrorail. The location benefits from high foot and auto traffic. Traffic counts on this section of Florence Avenue range from 18,000 to over 28,000 cars. Nearby tenants include a second-hand clothing store, a party supply store, a general goods store, and a barber shop. The unit has been recently renovated.
Key Highlights
- Tremendous foot and auto traffic due to proximity to the Florence Avenue Blue Line Metrorail stop.
- Excellent retail location on popular Florence Avenue.
- Recently renovated and ready for a small business.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,650
Businesses Nearby
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Los Angeles, CA
$33.11 /SF/Yr
Avg Asking Price
$3.8–$95.4 /SF/Yr
Price Range
6,797 SF
Avg Space Size
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated retail space with high foot and auto traffic.
Where is this retail space located?
The property is located at 1627 E Florence Ave Los Angeles, CA.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Tremendous foot and auto traffic due to proximity to the Florence Avenue Blue Line Metrorail stop.; Excellent retail location on popular Florence Avenue.; Recently renovated and ready for a small business.
