2319 Randolph StHuntington Park, CA 90255

  • Retail properties
  • 5,452 SF
For Sale
$2,355,000 View listing

Property Details for 2319 Randolph St

Year built
1932
Construction
WOOD
Lot size
0.35 AC
Property size (Sq ft)
5,452 SF
Zone code
HPM2*
Property type
Retail properties
Property subtype
Retail space
APN
6321-004-047
APU
6321004047

Description

This exceptional investment opportunity presents a 5,452 square foot retail building located at 2319 Randolph Street in Huntington Park, California. The property, built in 1932 and situated on a 15,246 square foot lot (APN 6321-004-047), is zoned HPM2. It features a long-term net lease with Circle K as the anchor tenant, providing a stable and predictable income stream. The lease is a triple net (NNN) lease with annual rent increases of 3%. The property enjoys a prime location on a signalized hard corner, benefiting from high visibility and significant traffic volume, approximately 43,285 vehicles per day. Its central location between the 710, 110, 105, and 5 freeways ensures excellent accessibility. The asking price is $2,355,000, translating to $431.95 per square foot. This multi-tenant convenience store and shopping center presents a compelling investment opportunity due to its strong tenant, prime location, and favorable lease terms. The property's robust performance and strategic positioning make it an attractive addition to any portfolio. This is a rare opportunity to acquire a well-established, high-performing retail asset in a thriving market.

2319 Randolph St, Huntington Park, California
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Location Insight

City
Huntington Park
County
Los Angeles
State
California
Latitude
33.9863
Longitude
-118.231
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
$16,808
$510,655
$400,357
$911,012
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