Single-Tenant Auto
For Sale
$1,199,999
4254 Floral, Los Angeles, CA 90063
Commercial Sale, Los Angeles, CA
Property Size2,526 SF
Lot Size0.16 Acres
Price / SF$475.06
Days on Market165
Property Features for 4254 Floral
General Information
Property type
Residential
Property subtype
Retail
Directions
Main street N. Eartern Ave.
Subdivision
699 - Not Defined
Standard status
Active
APN
0534001002
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
4036
Building Details
Year built
1982
Listing Agency:
VISMAR REAL ESTATE
(626) 598-3980
Listed By:
Saray Sanchez · License #01949045
(323) 360-1895
Added: Mar 23
Changed: Aug 24
Last Checked: Sep 3 at 7:06PM
MLS# CV26071115
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-tenant auto shop includes approximately 2,526 square feet on a dual-parcel site measuring approximately 6,970 square feet. The commercial building was constructed in 1982, and the property is occupied by a month-to-month tenant. The business operating at the location is excluded from the sale, leaving the transaction focused on the real estate.
The property is positioned near the intersection of Floral Drive and North Eastern Avenue in Los Angeles. Its location within a high-density trade area provides a defined commercial setting, while the existing month-to-month occupancy offers flexibility for a buyer evaluating continued tenancy or a future owner-user arrangement.
The property is positioned near the intersection of Floral Drive and North Eastern Avenue in Los Angeles. Its location within a high-density trade area provides a defined commercial setting, while the existing month-to-month occupancy offers flexibility for a buyer evaluating continued tenancy or a future owner-user arrangement.
Key Highlights
- Approximately 2,526 square feet of commercial building area
- Approximately 6,970‑square‑foot dual‑parcel lot
- Single‑tenant occupancy with a month‑to‑month tenancy
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
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.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
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.
Similar Off Market Nearby
- USA Mobile Tire Repair Service & Tire Replacement Los Angeles — 7960 fountain ave, west hollywood, ca 90046
- Turbo Mobile Tire Repair & Tire Replacement Service — 7960 Fountain Ave, West Hollywood, CA 90046
- Mobile Max — 7622 Fountain Ave, Los Angeles, CA 90046
- Pioneros Car Towings — 7950 Sunset Blvd, Los Angeles, CA 90046
- Platinum Collision Center — 7610 Sunset Blvd, Los Angeles, CA 90046
Frequently Asked Questions
What type of property is this?
Auto shop - The sale covers the real estate only, with the operating business excluded from the transaction.
Where is this auto shop 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: Approximately 2,526 square feet of commercial building area; Approximately 6,970‑square‑foot dual‑parcel lot; Single‑tenant occupancy with a month‑to‑month tenancy
