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Property profile & analytics
OFF-MARKET
Estimated value
$9,990,000
Grocery and convenience stores
3111 Florence Ave Huntington Park, CA 90255-5829
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8989390
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2018
Construction
TILT-UP CONCRETE
Total area
28,390 SF
Lot
1.37 ac (59,815 SF)
Zoning code
HPCG-R1-R3
APN
6323-021-033
UPID
US09-8989390
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
$8.35M
CAP Approach
CAP
$9.67M
Comparable Approach
Comparable
$9.25M
Blend (final)
Blend
$9.99M
Owner & transaction history
Hamse LLC
Hamse LLC
since 2026
Last sale
$11.4M
7 recorded transactions
Zoning & alternative use
HPCG-R1-R3 · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.1M
+101.7%
Medical building
$12.9M
+98.2%
Warehouse, storage
$8.3M
+28.1%
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
$8,345,000
CAP Approach
CAP Return
Estimation
6%
$10,470,000
6.5%
$9,665,000
7%
$8,975,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,510,000
Current use
AUTO REPAIR, GARAGE
$13,130,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$12,905,000
Change: +98% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,340,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,360,000
Change: -2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,320,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$9.99M
Range $8.99M – $10.99M · ±10% · vs last sale $11.35M (Jan 13 2026)
Last sale anchor
$11.35M
Jan 13 2026
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
$352 / 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
$264,119
Tax year 2024
Assessed value
$17,946,900
Assessed 2024
Previous assessed
$17,946,900
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$10,404,000
Assessed improvement
$7,542,900
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Total area
28,390 SF
Lot
1.37 ac (59,815 SF)
Zoning code
HPCG-R1-R3
APN
6323-021-033
UPID
US09-8989390
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPCG-R1-R3 · Huntington Park, CA
Zoning HPCG-R1-R3 · permitted uses
HPCG-R1-R3 · 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
RETAIL STORES Current
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$12.9M
WAREHOUSE, STORAGE
Est. value
$8.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Lot
1.37 ac
Current owner
From public records · entity-resolved
Hamse LLC
Entity
Mailing address
9929 HAYWARD WAY, SOUTH EL MONTE, CA 91733-3113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
$11,350,000
Hamse LLC
Florence Smart 27 LLC
Grant Deed
—
Feb 9, 2023
—
Florence Smart 27 LLC
—
Deed
related
$50,000,000 · Jokhwa Tan
Dec 23, 2022
—
Florence Smart 27 LLC
—
Deed
related
$1,500,000 · Renjt Ventures INC
Nov 30, 2022
—
Florence Smart 27 LLC
—
Deed
related
$8,000,000 · American Continental Bank
Jul 6, 2022
—
Florence Smart 27 LLC
Yong Sook Kim
Quit Claim Deed
related
$50,000,000 · Jok Tan
Jun 3, 2022
—
Yong Sook Kim
—
Deed
related
$7,800,000 · Grand Pgrand Pacific Financing Corp
Mar 22, 2022
$17,250,000
Yong Sook Kim
Matthew 02 Investment LLC
Grant Deed
$5,480,000 · Shinhan Bank America
Dec 23, 2020
—
Matthew 02 Investments LLC
—
Deed
related
$8,100,000 · First Entertainment Cu
Nov 13, 2017
—
Matthew 02 Investment LLC
—
Grant Deed
related
$8,236,377 · Cathay Bk
Aug 19, 2016
—
Matthew 02 Investment LLC
—
Deed
related
$1,610,000 · Pacific City Bank
Oct 9, 2015
$3,250,100
Matthew 02 Investment LLC
Devarim Investments LLC
Trustees Deed
$1,788,000 · Commonwealth Busn Bk
Oct 9, 2015
$3,250,000
Matthew 02 Investment LLC
Devarim Investments LLC
Grant Deed
$1,788,000 · Commonwealth Busn Bk
Mar 7, 2013
$1,100,000
K2k Investments
Reliable Trust Deed Svcs
Trustees Deed
—
Mar 5, 2013
—
Pasha Properties Invs LLC
Multipoint Investments LLC
Quit Claim Deed
related
—
Jan 5, 2011
—
Multipoint Investment LLC
Pasha Props Investments LLC
Quit Claim Deed
related
—
Feb 6, 2007
$7,625,000
Karykeion INC
Desert Field LLC
Grant Deed
—
Feb 6, 2007
$173,000
Desert Field LLC
Desert Field LLC
Grant Deed
related
—
Feb 9, 2006
—
928-932 Crocker Street LLC
Karyketon INC
Trustees Deed
$1,200,000 · Personnel Leasing INC
Jan 3, 2006
—
Karykeion INC
Chhp INC
Grant Deed
$2,400,000 · Lone Oak Mtg Fund
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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