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Property profile & analytics
OFF-MARKET Estimated value $1,720,000
Retail space

2319 Randolph St Huntington Park, CA 90255-3543

5,452 SF 0.35 ac lot Built 1932
Entity Owned 3-yr Hold Free & Clear
Property ID
US09-7880914
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1932
Construction WOOD
Total area 5,452 SF
Lot 0.35 ac (15,060 SF)
Zoning code HPM2*
APN 6321-004-047
UPID US09-7880914
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
$1.86M
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.72M
Owner & transaction history
Rader Real Estate Holdings LLC · 3 yrs held
Rader Real Estate Holdings LLC
since 2023
Last sale
$1.7M
7 recorded transactions
2023
Price N/A
2023
Price N/A
2021
Price N/A
2018
Price N/A
2018
Price N/A
2015
$1.7M
2015
$2.8M
Zoning & alternative use
HPM2* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.5M +101.7%
Medical building $2.5M +98.2%
Warehouse, storage $1.6M +28.1%
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