Freestanding Automotive
For Sale
Contact for pricing
2910 E Florence Avenue, Huntington Park, CA 90255
Freestanding auto building with customer parking, a rear yard, and prominent Florence Avenue street exposure.
Property Size2,021 SF
Price / SF$394.85
Days on Market134
Property Features for 2910 E Florence Avenue
General Information
Standard status
Active
Size
2,021 SF
Total Parking Spaces
6
Property subtype
Retail, Industrial
Zoning
HPCG*
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Owner/User
Additional Details
Outdoor Storage
Yes
Building Details
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial NRT Pasadena
Listed By:
Bill Ukropina · License #CA
(626) 844-2200
Source:
Crexi
Added: Apr 27
Changed: Sep 1
Last Checked: Sep 3 at 7:09AM
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 Coldwell Banker Commercial NRT Pasadena
Investment Insights
Based on property information with market context.
This freestanding automotive building offers approximately +/-2,021 square feet of space on a high-traffic commercial corridor along Florence Avenue in Huntington Park. The property includes a large front parking area for customers and vehicles, as well as a generous rear yard that can support storage or inventory needs.
The building provides prominent street exposure and signage rights on Florence Avenue. Public remarks indicate that all automotive uses are possible. The property is currently fully occupied on a month-to-month basis, which may support immediate income while allowing flexibility on the new owner’s timeline.
For buyers seeking an automotive-focused asset with practical outdoor space and visibility on a major corridor, this is a purpose-built option in a compact commercial setting.
The building provides prominent street exposure and signage rights on Florence Avenue. Public remarks indicate that all automotive uses are possible. The property is currently fully occupied on a month-to-month basis, which may support immediate income while allowing flexibility on the new owner’s timeline.
For buyers seeking an automotive-focused asset with practical outdoor space and visibility on a major corridor, this is a purpose-built option in a compact commercial setting.
Key Highlights
- +/-2,021 SF freestanding automotive building in Huntington Park, CA
- Large front customer/vehicle parking area
- Generous rear yard for storage or inventory
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
$44,714
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
5.60%
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%
$894,280
$894.3K
Cap Rate 7%
$638,771
$638.8K
Cap Rate 9%
$496,822
$496.8K
Market Conditions
NOI Build-Up for 2,021 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
$68.4K $33.84/SF
− Vacancy
−$4.5K −$2.23/SF
EGI
$63.9K $31.61/SF
− OpEx
−$19.2K −$9.48/SF
NOI
$44.7K $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%
$894,280
Cap Rate 7%
$638,771
Cap Rate 9%
$496,822
Alternative Uses
Best Use
Retail
$638.8K
$558.9K – $745.2K
NOI $44,714 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$337.4K
$295.2K – $393.6K
NOI $23,618 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.08M
$946.8K – $1.26M
NOI $75,742 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,979
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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.
Similar Off Market Nearby
- Gonzalez Auto Service Tires — 7901 State St, Huntington Park, CA 90255
- Servicios Multiples — 7914 State St, Huntington Park, CA 90255
- El Plebe Tires — 8012 State St, Huntington Park, CA 90255
- Franco's Auto Services — 3250 Santa Ana St, South Gate, CA 90280
- RPM Auto — 7852 California Ave, Huntington Park, CA 90255
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding auto building with customer parking, a rear yard, and prominent Florence Avenue street exposure.
Where is this auto shop located?
The property is located at 2910 E Florence Avenue Huntington Park, CA.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: +/-2,021 SF freestanding automotive building in Huntington Park, CA; Large front customer/vehicle parking area; Generous rear yard for storage or inventory
