Los Angeles Retail Tire
For Sale
$1,199,999
4254 Floral Dr, Los Angeles, CA 90063
Single-tenant retail property in high-demand Los Angeles trade area.
Property Size2,526 SF
Lot Size0.16 Acres
Price / SF$475.06
Days on Market206
Property Features for 4254 Floral Dr
General Information
Standard status
Active
Size
2,526 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$4,036
Building Details
Year Built
1982
Listing Agency:
VISMAR REAL ESTATE
(626) 598-3980
Listed By:
Saray Sanchez · License #01949045
(323) 360-1895
Source:
Exitrealty
Added: Mar 26
Changed: Oct 3
Last Checked: Oct 2 at 6:37PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-tenant retail property, currently operating as a tire shop, offers 2,526 square feet of space. Constructed in 1982, the property is situated on two parcels totaling 0.16 acres. It is located in a high-demand trade area near the intersection of Floral Drive and North Eastern Avenue in Los Angeles. The property is fully leased and offers steady cash flow with significant upside potential. The short-term lease structure provides flexibility for investors to either occupy the space or adjust rents to market rates, maximizing the property’s operating income. The property is located in a thriving suburban market with strong demographics, excellent foot traffic, and stable tenancy, presenting a compelling investment opportunity with growth potential.
Key Highlights
- Fully leased property providing steady cash flow.
- Located in a high‑demand trade area near Floral Dr and North Eastern Ave in Los Angeles.
- Significant upside potential due to short‑term lease structure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,621
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
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
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 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
Industrial
$448.3K
$392.2K – $523.0K
NOI $31,379 @ 7.0% cap · market cap 2.61%
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,259
Businesses Nearby
Well-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Los Angeles, CA
Similar Off Market Nearby
- Sound Set — 236 S Eastman Ave, Los Angeles, CA 90063
- Merida's Auto Care — 3860 E 3rd St, Los Angeles, CA 90063
- FAST TIRE SHOP & AUTO SERVICE — 3875 E 3rd St, Los Angeles, CA 90063
- German Auto of Hollywood — 4300 E 3rd St, Los Angeles, CA 90022
- Duran's Body Shop — 4605 E 3rd St, Los Angeles, CA 90022
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant retail property in high-demand Los Angeles trade area.
Where is this auto shop located?
The property is located at 4254 Floral Dr 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: Fully leased property providing steady cash flow.; Located in a high‑demand trade area near Floral Dr and North Eastern Ave in Los Angeles.; Significant upside potential due to short‑term lease structure.
