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Fully Leased Huntington Park Center

2548 2566 E Florence Ave Huntington Park, CA 90255

2548 2566 E Florence Ave, Huntington Park, CA, 90255
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Fully leased 16,737 SF center in Huntington Park, CA.

Property Size16,737 SF
Price / SF$382.39
AddedNov 5, 2022
Days on Market1349
Last RefreshJul 13 at 6:25 am

Property Features for 2548 2566 E Florence Ave

General Information

Standard status
Active
Size
16,737 SF
Property subtype
Retail, Office

Listing office RGA Properties

Listing date Nov 5, 2022

Source Crexi

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 RGA Properties


Investment Insights

Based on property information with market context.

This is a fully leased 16,737 square-foot center located in Huntington Park, Los Angeles County. The property is currently 98% occupied with a mix of medical, retail, and office tenants. The tenant mix includes national credit tenants. The tenants were established before the COVID-19 pandemic and have continued to operate successfully. Over 80% of the current tenants are essential businesses. The property offers potential upside and a value-add opportunity through rental increases. Situated on a major intersection, the property experiences high traffic from both pedestrians and vehicles.

Key Highlights

  • Fully leased 16,737 square‑foot center in Huntington Park, Los Angeles County.
  • 98% occupied with a diverse mix of medical, retail, and office tenants.
  • Located on a major intersection with high pedestrian and automobile traffic.

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 $566.4k $33.84
− Vacancy −$37.4k −$2.23
EGI $529.0k $31.61
− OpEx −$158.7k −$9.48
NOI $370.3k $22.12
16,737 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$5.29M
$4.63M – $6.17M (±1% cap)
NOI $370,299 @ 7.0% cap · market cap 5.79%
Second Best
Office B
$5.23M
$4.57M – $6.10M (±1% cap)
NOI $365,857 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$8.96M
$7.84M – $10.45M (±1% cap)
NOI $627,265 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Law Firm Garden Center Nursing Home Nursing Home Catering Service Gym & Fitness Center Veterinary Clinic Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Barber Shop — 7148 Pacific Blvd, Huntington Park, CA 90255
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  • Coinstar Kiosk | Bitcoin ATM — Northgate Markets, 2633 Santa Ana St, South Gate, CA 90280
  • Plaza La Alameda — 2140 Florence Ave, Walnut Park, CA 90255

FAQs

What type of property is this?
Shopping center - Fully leased 16,737 SF center in Huntington Park, CA.
Where is this shopping center located?
The property is located at 2548 2566 E Florence Ave Huntington Park, CA.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Fully leased 16,737 square‑foot center in Huntington Park, Los Angeles County.; 98% occupied with a diverse mix of medical, retail, and office tenants.; Located on a major intersection with high pedestrian and automobile traffic.
Contact an agent
(323) 273-1457 Call to check price and availability
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