Retail Asset in High-Density
For Sale
$1,199,999
4254 Floral, Los Angeles, CA 90063
Single-tenant retail property with high visibility and immediate equity potential.
Property Size2,526 SF
Lot Size0.16 Acres
Price / SF$475.06
Days on Market150
Property Features for 4254 Floral
General Information
Standard status
Active
Size
2,526 SF
Lot size
0.16 Acres
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$4,036
Building Details
Building Size
2,526 SF
Year Built
1982
Listing Agency:
VISMAR REAL ESTATE
(323) 360-1895
Listed By:
Saray Sanchez · License #01949045
Source:
Archetyperealty
Added: Apr 2
Changed: Aug 28
Last Checked: Aug 28 at 4:27PM
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 VISMAR REAL ESTATE
Investment Insights
Based on property information with market context.
This is a \u00b12,526 square-foot single-tenant retail asset on a \u00b16,970-square-foot dual-parcel lot. The property is located in a high-density trade area near the intersection of Floral Drive and North Eastern Avenue. The business is not included in the sale. The property offers operational flexibility and rental upside. Currently occupied by a month-to-month tenant at a rate below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. The location has a 40-year history of stability and is characterized by robust traffic counts and dense demographics. The location has a bike score of 53, a walk score of 84, and a transit score of 64.
Key Highlights
- High‑density location with robust traffic and dense demographics, offering excellent visibility.
- Significant rental upside potential through lease reset to current market rates.
- Opportunity for immediate equity growth.
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
$58,621
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
4.89%
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%
$1,172,420
$1.2M
Cap Rate 7%
$837,443
$837.4K
Cap Rate 9%
$651,344
$651.3K
Market Conditions
NOI Build-Up for 2,526 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
$93.4K $36.96/SF
− Vacancy
−$9.6K −$3.81/SF
EGI
$83.7K $33.15/SF
− OpEx
−$25.1K −$9.95/SF
NOI
$58.6K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /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%
$1,172,420
Cap Rate 7%
$837,443
Cap Rate 9%
$651,344
Alternative Uses
Best Use
Retail
$837.4K
$732.8K – $977.0K
NOI $58,621 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.18M
$44.78M – $59.70M
NOI $3,582,267 @ 7.0% cap · market cap 298.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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?
Storefront property - Single-tenant retail property with high visibility and immediate equity potential.
Where is this storefront property located?
The property is located at 4254 Floral Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: High‑density location with robust traffic and dense demographics, offering excellent visibility.; Significant rental upside potential through lease reset to current market rates.; Opportunity for immediate equity growth.
