4768 Floral DrEast Los Angeles, CA 90022

  • Land
  • 0.12 AC
For Lease
$17.52/SF/YR View listing

Property Details for 4768 Floral Dr

Lot size
0.12 AC
Zone code
LCC3
Property type
Land
Property subtype
Commercial land
APN
5235-017-055
APU
5235017055

Description

This exceptional 0.11-acre commercial lot, located at 4768 Floral Drive in East Los Angeles, CA 90022, presents a unique investment opportunity. The property boasts a total area of 4,779 square feet and is designated as a single-tenant property. Its convenient location, just two blocks from the 710 Freeway, offers excellent accessibility and visibility. The lot has recently undergone improvements, with the parking area now fully paved, making it immediately ready for use. The property's zoning allows for parking, but other commercial uses may also be permissible, subject to applicable regulations and permits. The Assessor's Parcel Number (APN) is 5235-017-055. This versatile lot presents a compelling opportunity for developers, investors, or businesses seeking a strategically located property in a high-traffic area of East Los Angeles. Its size and recent improvements make it an attractive option for a variety of commercial applications. Serious inquiries are encouraged to explore the potential of this prime East Los Angeles real estate.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,680,005
    Hospitality
    $1,538,876
    Educational
    $1,280,327
    Medical
    $1,324,359
    Retail
    $1,991,619
4768 Floral Dr, East Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0439
Longitude
-118.163
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,869
$294,863
-
$294,863
-
-
-
-

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