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Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Parking lots & garages
2954 Florence Ave Huntington Park, CA 90255-5826
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7769409
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1980
Construction
WOOD
Total area
5,468 SF
Lot
0.14 ac (5,921 SF)
Zoning code
HPCG*
APN
6212-002-007
UPID
US09-7769409
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
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.11M
Owner & transaction history
Florence Investments LLC · 5 yrs held
Florence Investments LLC
since 2021
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
HPCG* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.3M
+19.8%
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
$2,165,000
ML approach
$2,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$2,780,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,330,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,530,000
Change: -9% · Conversion: Difficult
MEDICAL BUILDING
$2,485,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $2.13M (Feb 26 2021)
Last sale anchor
$2.13M
Feb 26 2021
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
$386 / 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
$5,828
Tax year 2024
Assessed value
$376,728
Assessed 2024
Previous assessed
$376,728
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$371,422
Assessed improvement
$5,306
Applied tax rate
13.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Total area
5,468 SF
Lot
0.14 ac (5,921 SF)
Zoning code
HPCG*
APN
6212-002-007
UPID
US09-7769409
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.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.5M
PARKING LOT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Florence Investments LLC
Entity
Mailing address
1340 E 6TH ST STE #200, LOS ANGELES, CA 90021-1275
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
Florence Investments LLC
—
Deed
related
$1,710,000 · Habib American Bank
Feb 26, 2021
$2,127,500
Florence Investments LLC
Ricardo Vizcaino
Grant Deed
$1,417,000 · Habib American Bank
Aug 6, 2009
—
Venice Union Management LLC
Vizcaino,orosman & Julia L
Grant Deed
—
—
—
Orosman Vizcaino
—
Deed Of Trust
related
$120,606 · Setfirst Alliance Mortgage
—
—
Orosman Vizcaino
—
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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