Back to Search
Property profile & analytics
FOR SALE
Gas stations
1101 W Florence Ave Los Angeles, CA 90044
Entity Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8680531
For Sale
1 / 24
$1,100,000
1101 W Florence Ave, Los Angeles, CA 90044
View Listing →
Property summary
AI-generated overview
This exceptional 5,683 square foot property located at 1101 W Florence Ave, Los Angeles, CA 90044, presents a unique investment opportunity. Built in 1912, this single-story building sits on a 7,864 square foot lot and is zoned LA C-2, allowing for potential redevelopment into up to 19 units. Currently configured as a religious facility, the property offers significant potential for various uses, including educational purposes or adaptive reuse. The asking price is $1,895,000, translating to $333.45 per square foot. The property boasts a single unit and features a total of one building. The APN is 6014-035-016. The property is currently vacant with an occupancy date of June 18, 2024. This is a rare chance to acquire a piece of Los Angeles history with significant upside potential. The property has already received TOC Tier III and ED-1 Fast Track status, streamlining the redevelopment process. A virtual tour is available.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1958
Total area
70 SF
Lot
0.22 ac (9,534 SF)
Zoning code
LCM1*
APN
6010-015-038
UPID
US09-8680531
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
World Oil Gas Station
-
76 Gas Station
-
Tabernacle of Praise Worship Center Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Retail Prop Holding Roth · 27 yrs held
Retail Prop Holding Roth
since 1998
2 recorded transactions
Zoning & alternative use
LCM1* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,579
Tax year 2024
Assessed value
$94,768
Assessed 2024
Previous assessed
$94,768
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$58,602
Assessed improvement
$36,166
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
For Sale
Year built
1958
Heating
NONE
Stories
1
Total area
70 SF
Lot
0.22 ac (9,534 SF)
Zoning code
LCM1*
APN
6010-015-038
UPID
US09-8680531
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Los Angeles, CA
Zoning LCM1* · permitted uses
LCM1* · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Retail Prop Holding Roth
Entity
Free & Clear · 27 yrs held
Mailing address
9302 GARFIELD AVE, SOUTH GATE, CA 90280-3805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 1998
—
Retail Prop Holding Roth
Roth,b B & F
Quit Claim Deed
related
—
Jun 3, 1968
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
