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1015 W Florence Ave
Los Angeles, CA 90044
Office Property For Sale

EXECUTIVE SUMMARY
1015 W Florence Ave provides the opportunity for an investor or owner/user to purchase a retail property in a densely populated trade area with tremendous barriers to entry. An investor can add value through the leasing of the building and eventually securing a market rate adjustment for the building. An owner/user could occupy the building and secure extremely favorable SBA financing terms.
This offering consists of an attractive ±1,176 SF freestanding retail building situated on a ±5,423 SF lot along busy Florence Avenue. The building features strong street presence with excellent visibility and signage opportunities to capture over 36,000 cars per day traveling this major commercial corridor.
Located just one parcel west of the signalized intersection at Florence Ave & Vermont Ave (+/-53,500 CPD), the property benefits from consistent traffic, easy access, and strong exposure to both local residents and commuters.
The site includes dedicated on-site parking in the rear, complemented by additional street parking available between 9:00 a.m. and 4:00 p.m. The efficient footprint and flexible interior layout make this an excellent opportunity for financial services, retail, or restaurant use seeking a highly visible neighborhood location.
This offering consists of an attractive ±1,176 SF freestanding retail building situated on a ±5,423 SF lot along busy Florence Avenue. The building features strong street presence with excellent visibility and signage opportunities to capture over 36,000 cars per day traveling this major commercial corridor.
Located just one parcel west of the signalized intersection at Florence Ave & Vermont Ave (+/-53,500 CPD), the property benefits from consistent traffic, easy access, and strong exposure to both local residents and commuters.
The site includes dedicated on-site parking in the rear, complemented by additional street parking available between 9:00 a.m. and 4:00 p.m. The efficient footprint and flexible interior layout make this an excellent opportunity for financial services, retail, or restaurant use seeking a highly visible neighborhood location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
1,176 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,176 SF
Building FAR
0.22
Lot Size
0.12 AC
Zoning
LAC2
Parking
11 Spaces (9.35 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 6014-036-016 | Improvements Assessment | $142,437 |
| Land Assessment | $153,799 | Total Assessment | $296,236 |
PROPERTY TAXES
Parcel Number
6014-036-016
Land Assessment
$153,799
Improvements Assessment
$142,437
Total Assessment
$296,236
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