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Retail Center on Florence Avenue

2151 Florence Ave., Los Angeles, CA 90047

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For Sale

$2,400,000

Commercial property on a busy main street in Los Angeles.

Type:Retail

Property size:

7,946 SF

Price / SF:

$302/SF

HighLights

Commercial zoned property in Los Angeles.
Located on a busy main street (Florence Avenue).
Situated at the intersection of Van Ness Blvd. and Florence Avenue.
Neighborhood retail shopping center.
Includes a convenience store (Quick Mart).
Includes multiple businesses: dry cleaning, wig and beauty store, salon, and laundromat.

We can help!

Contact an agent

Alejandro Hinostroza

For Sale

$2,400,000

Commercial property on a busy main street in Los Angeles.

Type:Retail

Property size:

7,946 SF

Price / SF:

$302/SF

Added:: Nov 21, 2025
Days on Market:: 229
Last Refresh:: May 9 at 12:53 am

Property Features for 2151 Florence Ave.

General Information

Standard status: Active
Size: 7,946 SF
Property subtype: Retail

We can help!

Contact an agent

Alejandro Hinostroza

Listing office SVN | Rich Investment Real Estate Partners Los Angeles

Listing date Nov 21, 2025

Source Svn

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 SVN | Rich Investment Real Estate Partners Los Angeles

HighLights

Commercial zoned property in Los Angeles.
Located on a busy main street (Florence Avenue).
Situated at the intersection of Van Ness Blvd. and Florence Avenue.
Neighborhood retail shopping center.
Includes a convenience store (Quick Mart).
Includes multiple businesses: dry cleaning, wig and beauty store, salon, and laundromat.

Overview

The property at 2151 West Florence Avenue, Los Angeles, CA 90047, is a commercial property zoned for commercial use. It is situated on a busy main street, east of Crenshaw Boulevard. The property is a neighborhood retail shopping center. It includes a convenience store (Quick Mart), a dry cleaning business, a wig and beauty store, a salon, and a laundromat. The property is located on the northeast corner of the intersection of Van Ness Boulevard and Florence Avenue, east of Crenshaw Boulevard, west of Arlington Avenue, south of Slauson Avenue, and north of Manchester Boulevard. The property size is 7,946 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$293.7k	$36.96
− Vacancy	−$6.8k	−$0.85
EGI	$286.9k	$36.11
− OpEx	−$71.7k	−$9.03
NOI	$215.2k	$27.08

7,946 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$3.07M

$2.69M – $3.59M (±1% cap)

NOI $215,197 @ 7.0% cap · market cap 8.97%

Second Best

Retail

$2.63M

$2.31M – $3.07M (±1% cap)

NOI $184,404 @ 7.0% cap · market cap 7.68%

Theoretical Best

Multifamily LT 5

$160.98M

$140.86M – $187.81M (±1% cap)

NOI $11,268,683 @ 7.0% cap · market cap 469.53%

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

Property Profile Location Intelligence

Current Use by Public Records

Spin Town Laundry (Bike/Boat/Book/etc) Store

Suggested Use

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Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.317
Latitude: 33.9747

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For sale
Shopping centers
CA
Los Angeles
90047
2151 Florence Ave.

What type of property is this?

Shopping center - Commercial property on a busy main street in Los Angeles.

Where is this shopping center located?

The property is located at 2151 Florence Ave. Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Commercial zoned property in Los Angeles.; Located on a busy main street (Florence Avenue).; Situated at the intersection of Van Ness Blvd. and Florence Avenue.

2151 Florence Ave., Los Angeles, CA 90047

Commercial property on a busy main street in Los Angeles.

Property Features for 2151 Florence Ave.

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Prime Automotive Land in Los Angeles

Multi-Family Property with Cottage-Style Units

12-Unit Multifamily Corner Property

Corner Retail Property with Billboard

Fourplex with In-Unit Laundry

13-Unit Multifamily with Gated Parking

New Fourplex with Rooftop Deck

Gated Apartment Building with Solar

Multi-Family Residential Building

Spanish-Style Multifamily Courtyard

Multi-Family Investment Property

Vacant Multi-Unit Residence

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