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Property profile & analytics
OFF-MARKET
Estimated value
$2,270,000
Community centers
2619 Florence Ave, Huntington Park, CA 90255
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8710059
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
WOOD
Total area
7,511 SF
Lot
0.31 ac (13,406 SF)
Zoning code
HPCG*
APN
6322-024-053
UPID
US09-8710059
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
by Request
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Southern California Edison Company · 3 yrs held
Southern California Edison Company
since 2023
7 recorded transactions
Zoning & alternative use
HPCG* · Huntington Park, 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 Huntington Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Park 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,965,000
6.5%
$2,740,000
7%
$2,545,000
Blend value · Realmo final
$2.27M
Range $2.04M – $2.50M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$302 / SF
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
$27,794
Tax year 2024
Assessed value
$1,619,022
Assessed 2024
Previous assessed
$1,619,022
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$761,262
Assessed improvement
$857,760
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
6
Bathrooms
6
Total area
7,511 SF
Lot
0.31 ac (13,406 SF)
Zoning code
HPCG*
APN
6322-024-053
UPID
US09-8710059
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPCG* · Huntington Park, CA
Zoning HPCG* · permitted uses
HPCG* · Huntington Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntington Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Bathrooms
6
Lot
0.31 ac
Current owner
From public records · entity-resolved
Southern California Edison Company
Entity
Free & Clear · 3 yrs held
Mailing address
520 W WILLOW ST, LONG BEACH, CA 90806-2831
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Alevy Family Trust C V LLC
—
Deed
related
$29,000,000 · Citibank NA
Apr 18, 2023
—
Southern California Edison Company
Amusement Industry C Vii LLC
Other
—
Sep 3, 2013
—
Amusement Industry C-vii LLC
Amusement Industry-coml Props
Quit Claim Deed
$40,422,600 · Cibc INC
Jul 3, 2003
—
Smart Real Estate-commercial
Smart Real Estate
Quit Claim Deed
related
$15,350,000 · Cibc INC
Mar 1, 1996
—
Allen E Alevy
—
Deed Of Trust
related
$1,500,000 · Farmers & Merchants Bk Lng Bch
Aug 8, 1995
$1,450,000
Amusement Industry INC
Glendale Federal Bank
Grant Deed
—
Mar 8, 1995
—
Glendale Federal Bank
—
Deed Of Trust
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.
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