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    2548 Florence Ave Huntington Park, CA 90255

    For Sale
    $6,400,000

    Prime location, high NOI, strong tenants.

    Property size:
    16,737 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a fully leased, 16,737 square-foot multi-tenant property situated at 2548, 2566 E Florence Ave in Huntington Park, California. Comprising two buildings on a 34,827 square-foot lot (APN: 6201-004-026, 007), this center boasts nine units currently 98% occupied by a diverse mix of medical, retail, and office tenants. The property features a strong tenant base, including national credit tenants, established well before the COVID-19 pandemic, demonstrating resilience and continued success. Over 80% of the tenants are classified as essential businesses, maintaining operations throughout the pandemic. The property generates a substantial net operating income (NOI) of $287,880, yielding a 4.00% cap rate at an asking price of $6,400,000. Located at a major intersection, this high-traffic location benefits from significant pedestrian and automobile visibility. This offering presents a compelling value-add opportunity with potential for significant rental increases, making it an attractive investment prospect in the thriving Los Angeles County market. The property is categorized as Retail, Office, with a subtype of Medical Office, Commercial, and Store, operating under a Net Lease agreement.

    Property Features for 2548 Florence Ave

    General Information

    Property type
    Medical offices
    Square Feet
    16,737 SF

    Building Details

    Buildings
    2
    Units
    9

    HighLights

    • Huntington Park location.
    • $7,200,000 asking price.
    • Nine‑unit multifamily property.
    • Two‑building portfolio.
    • 16,737 square feet total building area.
    • 34,827 square feet land area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.2258445
    Latitude
    33.9740068

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    FAQs

    What type of property is this?
    Medical office - Prime location, high NOI, strong tenants.
    Where is this medical office located?
    The property is located at 2548 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: Huntington Park location.; $7,200,000 asking price.; Nine-unit multifamily property.
    Request Owner's contact information
    2548 Florence Ave Huntington Park, CA 90255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2548 Florence Ave Huntington Park, CA 90255
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