$4,350,000 USD
310-579-9692
1534 E Florence Ave
Los Angeles, CA 90001
Florence-Graham
HIGHLIGHTS
- Prime Repositioning Opportunity – Freestanding former large-box retail asset located in a transitional South Los Angeles corridor.
- Transit-Oriented Development Upside (TOC Program) – Eligible under the City of Los Angeles’ Transit Oriented Communities (TOC) Incentive Program.
- Qualified Opportunity Zone (QOZ) Location – Situated within a federally designated Qualified Opportunity Zone.
- Adaptive Reuse Flexibility & Market Repositioning – Former big-box configuration offers a large, open floor plan with ample surface parking.
- Supply-Constrained Urban Infill Asset – South Los Angeles continues to experience sustained housing demand.
- The site’s existing scale and vacancy offer a timing advantage in securing entitlements ahead of further competitive redevelopment.
FOR SALE DETAILS
PRICE
$4,350,000 USD
PRICE/SF
$243 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Former Rite Aid
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.61 AC
LAND SF
70,132 SF
ZONING
-
APN/PARCEL ID
6021-015-009
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310-579-9692
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Please correct the highlighted field(s).
310-579-9692
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