3248 Florence Ave - Freestanding FOR SALE
Huntington Park, CA 90255 |
$1,750,000 USD
714-504-0262
3248 Florence Ave
Huntington Park, CA 90255
HIGHLIGHTS
- Value-Add Opportunity - In-place rents average just $1.15 gross, offering clear upside as leases roll and rents are marked to market
- Service-Oriented Tenants - The property consists of a diverse mix of service-oriented tenants, including commercial and automotive uses
- Owner-User Flexibility - Most in-place leases expire within the next 24 months, and one existing vacancy creates a near-term opportunity
- High-Barrier Infill Location - Located along Florence Avenue in Huntington Park, where limited zoning, scarce replacement sites
OVERVIEW
CBRE Inc. has been exclusively engaged by the Orange County Superior Court to sell 3248 E. Florence Avenue in Huntington Park, CA
A multi-tenant auto-service-oriented property in the dense, supply-constrained Huntington Park market. Situated on a high-traffic corridor with excellent visibility and strong repeat-drive patterns.
FOR SALE DETAILS
PRICE
$1,750,000 USD
PRICE/SF
$360 USD /SF
CAP RATE
6.79%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
11
LAND DETAILS
LAND ACRES
0.27 AC
LAND SF
11,695 SF
ZONING
HPCG*
APN/PARCEL ID
6213-001-027
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714-504-0262
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714-504-0262
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