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Firestone & Fir 1959 Firestone Blvd 1,634 SF 100% Leased Retail Building Los Angeles, CA 90001 $1,045,000 ($639.53/SF) 7.87% Cap Rate
Investment Highlights
- High Visibility Corner
- Florence-Firestone Transit oriented District
- LCC3 High Density Zoning
- Investment Opportunity or Owner Occupier Possibility
Executive Summary
PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY 1959 Firestone Blvd is a high-visibility corner property featuring LCC3 highdensity zoning, High TOC Tier eligibility, and inclusion in the Florence-Firestone Transit Oriented District (FFTOD) Specific Plan. Located just steps
from the Metro A Line Firestone Station, this site is positioned within a rapidly improving transit corridor targeted for walkable, mixed-use growth
by Los Angeles County. The property consists of an established commercial space (rented) plus two(rented) residential units, offering immediate
income potential or a clear value-add opportunity. The FFTOD plan provides expanded development capacity, streamlined process, and incentives
for housing production—making this an exceptional option for affordable housing, urban infill, or mixed-use redevelopment. A strong opportunity
for investors, developers, or mission-driven builders seeking a transit-rich Los Angeles location with significant long-term upside.
from the Metro A Line Firestone Station, this site is positioned within a rapidly improving transit corridor targeted for walkable, mixed-use growth
by Los Angeles County. The property consists of an established commercial space (rented) plus two(rented) residential units, offering immediate
income potential or a clear value-add opportunity. The FFTOD plan provides expanded development capacity, streamlined process, and incentives
for housing production—making this an exceptional option for affordable housing, urban infill, or mixed-use redevelopment. A strong opportunity
for investors, developers, or mission-driven builders seeking a transit-rich Los Angeles location with significant long-term upside.
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Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,634 SF
Building Class
C
Year Built
1942
Price
$1,045,000
Price Per SF
$639.53
Cap Rate
7.87%
NOI
$82,242
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.14 AC
Zoning
MU1 - MU1. Mixed Use Zoning.
Parking
6 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Fenced Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Recycling Center
- Waste Management and Remediation Services
- -
- -
- Modified Gross
- Jul 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Recycling Center | Waste Management and Remediation Services | - | - | Modified Gross | Jul 2026 |
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6026-028-015 | Improvements Assessment | $204,000 |
| Land Assessment | $510,000 | Total Assessment | $714,000 |
Property Taxes
Parcel Number
6026-028-015
Land Assessment
$510,000
Improvements Assessment
$204,000
Total Assessment
$714,000
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Firestone & Fir | 1959 Firestone Blvd
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