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Property profile & analytics
OFF-MARKET Estimated value $1,095,000
Retail space

2714 Florence Ave Los Angeles, CA 90043-5151

5,820 SF 0.26 ac lot Built 1931
Trust Owned 9-yr Hold Free & Clear
Property ID
US09-8085151
Property summary
AI-generated overview

This exceptional retail property, located at 2714 W Florence Ave in Los Angeles, CA 90043, presents a unique opportunity for a single tenant. The freestanding building boasts a generous 5,820 square feet of space, ideal for a variety of retail uses. Built in 1931, the structure sits on a sizable 11,435 square foot lot in Los Angeles County. A significant advantage is the expansive paved and fenced parking area, totaling 5,616 square feet, ensuring ample parking for customers and employees. The entire building is currently vacant, offering immediate occupancy for a prospective tenant. This property is perfectly situated to capitalize on the vibrant commercial landscape of Los Angeles. The entire 5,820 square feet is available for lease, providing a substantial footprint for a business seeking significant visibility and space. The property's location offers excellent access to major transportation routes and a strong customer base. This is a rare opportunity to secure a well-located, spacious retail building with ample parking in a thriving Los Angeles neighborhood. The property's size and parking capacity make it suitable for a wide range of retail concepts.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Construction WOOD
Total area 5,820 SF
Lot 0.26 ac (11,435 SF)
Zoning code LAC2
APN 4009-003-011
UPID US09-8085151
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
  • Furniture U Love Furniture & Home Goods Home Decor Store
  • Da Spot Circle of Life Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.10M
Owner & transaction history
Barnow Family Trust B · 9 yrs held
Barnow Family Trust B
since 2017
4 recorded transactions
2017
Price N/A
2004
Price N/A
1995
$42,000
1990
$566,000
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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