Fully Leased Huntington Park
For Sale
Contact for pricing
Pending
2548 2566 E Florence Ave, Huntington Park, CA 90255
Fully leased 16,737 SF center in Huntington Park, CA.
Property Size16,737 SF
Days on Market1396
Property Features for 2548 2566 E Florence Ave
General Information
Standard status
Pending
Size
16,737 SF
Property subtype
Retail, Office
Lease Type
Net
Net Operating Income
$287,880
Building Details
Buildings
2
Units
9
Tenancy
Multi
Listing Agency:
RGA Properties
(323) 273-1457
Listed By:
Reyes Mejia · License #01868073
Source:
Crexi
Added: Nov 5, 2022
Changed: Aug 25
Last Checked: Aug 29 at 3:57AM
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 RGA Properties
Investment Insights
Based on property information with market context.
This is a fully leased 16,737 square-foot center located in Huntington Park, Los Angeles County. The property is currently 98% occupied with a mix of medical, retail, and office tenants. The tenant mix includes national credit tenants. The tenants were established before the COVID-19 pandemic and have continued to operate successfully. Over 80% of the current tenants are essential businesses. The property offers potential upside and a value-add opportunity through rental increases. Situated on a major intersection, the property experiences high traffic from both pedestrians and vehicles.
Key Highlights
- Fully leased 16,737 square‑foot center in Huntington Park, Los Angeles County.
- 98% occupied with a diverse mix of medical, retail, and office tenants.
- Located on a major intersection with high pedestrian and automobile traffic.
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
$370,299
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
5.79%
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%
$7,405,980
$7.4M
Cap Rate 7%
$5,289,986
$5.3M
Cap Rate 9%
$4,114,433
$4.1M
Market Conditions
NOI Build-Up for 16,737 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
$566.4K $33.84/SF
− Vacancy
−$37.4K −$2.23/SF
EGI
$529.0K $31.61/SF
− OpEx
−$158.7K −$9.48/SF
NOI
$370.3K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /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%
$7,405,980
Cap Rate 7%
$5,289,986
Cap Rate 9%
$4,114,433
Alternative Uses
Best Use
Retail
$5.29M
$4.63M – $6.17M
NOI $370,299 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.96M
$7.84M – $10.45M
NOI $627,265 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,179
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 100%
Boost Mobile
Electronics
1,517 visits/mo
0.3 miles
Demographics for 90255, CA
71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased 16,737 SF center in Huntington Park, CA.
Where is this shopping center located?
The property is located at 2548 2566 E Florence Ave Huntington Park, CA.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Fully leased 16,737 square‑foot center in Huntington Park, Los Angeles County.; 98% occupied with a diverse mix of medical, retail, and office tenants.; Located on a major intersection with high pedestrian and automobile traffic.
