Retail Asset in High-Density
4254 Floral Los Angeles, CA 90063
4254 Floral, Los Angeles, CA, 90063
$1,199,999
For Sale
$1,199,999
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 Market98
Property Features for 4254 Floral
General Information
- Standard status
- Active
- Size
- 2,526 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
(626) 967-9000
Listed by
Saray Sanchez · License #01349000
(626) 967-9000
Source
Elliman
Added: Apr 15 Updated: Jul 10 at 12:48PM Checked: Jul 21 at 8:33AM
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 Saray Sanchez
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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.4k | $36.96 |
| − Vacancy | −$9.6k | −$3.81 |
| EGI | $83.7k | $33.15 |
| − OpEx | −$25.1k | −$9.95 |
| NOI | $58.6k | $23.21 |
2,526 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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- VLove Roses — 7190 W Sunset Blvd, Los Angeles, CA 90046
- Hollywood Hills Flowers — 2108 Laurel Canyon Blvd, Los Angeles, CA 90046
FAQs
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.
