5960-5964 Florence Ave - Storefront Retail/Office FOR SALE


Bell Gardens, CA 90201
$2,195,000 USD
415-378-5464
5960-5964 Florence Ave, Bell Gardens, CA for Sale
$2,195,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 7.64% Cap Rate

5960-5964 Florence Ave
Bell Gardens, CA 90201


HIGHLIGHTS

  • Prime frontage on Florence Avenue with ±36,000 vehicles per day
  • Shadow anchored by a Shell Gas Station and convenience store
  • All tenants are month-to-month, creating a rare combination of in-place cash flow with immediate mark-to-market rent growth
  • Flexible, multi-tenant layout ideal for service retail, food, and professional users.
  • Surrounded by Major Retail Anchors: Within one mile are Walmart Supercenter, Costco, AutoZone, Smart & Final, and The Bicycle Hotel & Casino
  • Less than ½ mile from I-710, connecting to I-5 and I-105

OVERVIEW

Maher Commercial Realty is pleased to present 5960-5964 Florence Avenue, a +/-7,000 SF neighborhood strip center in the heart of Bell Gardens. The property is 100% occupied by five service-oriented tenants, a restaurant, juice bar, barber shop, printing service, and laundromat, providing steady cash flow and recession-resistant income. Located along Florence Avenue, a major east-west retail corridor with strong traffic counts and visibility, the center benefits from consistent local demand and a stable working-class customer base. Anchored by a +/-3,000 SF laundromat, the tenant mix serves essential neighborhood needs with high repeat business. All tenants operate under Modified Gross leases, with the landlord covering property taxes, insurance, and trash service. Current gross annual rent totals $181,400, generating an NOI of $167,767. Leases are staggered through 2026, offering stability with future rental upside, particularly from the laundromat anchor currently leased below market rates. Bell Gardens offers a strategic infill location approximately 10 miles east of Downtown Los Angeles with easy access to I-5 and the Long Beach Freeway. The surrounding area features high-density multifamily housing, strong renter demographics, and proximity to major demand drivers including Rio Hondo College, Los Angeles County offices, and established retail corridors on Atlantic Blvd and Garfield Ave. This property offers a rare opportunity to own a performing neighborhood retail asset in a mature Southeast LA submarket.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

7.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

BGC4*

APN/PARCEL ID

6227-006-012

ASK ABOUT THIS PROPERTY

Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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Oron MaherMaher Commercial RealtyMore Info
415-378-5464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.