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100% LEASED RETAIL CENTER 3006 Florence Ave 8,177 SF 100% Leased Retail Building Huntington Park, CA 90255 $2,650,000 ($324.08/SF) 5.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 33,000 Average Cars Per Day
- 100% Occupied
- (8) Units - 5 tenants
- Large Pylon Signage
- Convenient freeway access - 710, 105, and 110 freeways
- Many allowed permissible uses
EXECUTIVE SUMMARY
3006 HUNTINGTON PLAZA is a fully leased, multi-tenant retail strip center situated in a prime infill corridor of Southeast Los Angeles. The ±8,177 square foot building sits on approximately 12,000 square feet of land along Florence Avenue—one of the region’s most trafficked commercial thoroughfares with over 33,000 vehicles per day. Property has (8) units, currently occupied by (5) different tenants. There are (9) electrical meters, (8) gas meters, (1) master water meter. Most tenants have occupied the building since 2023 with lease expirations in 2028.
The property is located in a high-density trade area, surrounded by residential communities. The center is 100% occupied with a diverse mix of businesses, generating steady income. Zoned C-G (General Commercial), this site allows for a wide range of retail, office, food service, automotive, and personal service uses.
The property is located in a high-density trade area, surrounded by residential communities. The center is 100% occupied with a diverse mix of businesses, generating steady income. Zoned C-G (General Commercial), this site allows for a wide range of retail, office, food service, automotive, and personal service uses.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,177 SF
Building Class
B
Year Built
2011
Price
$2,650,000
Price Per SF
$324.08
Cap Rate
5.02%
NOI
$132,946
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.42 AC
Zoning
Commercial General - CG - medical, dental, office, retail store, restaurant, bakery, dance, nails, laundry mat, coffee.
Parking
16 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
235’ on Florence Avenue
AMENITIES
- 24 Hour Access
- Bus Line
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6212-002-053 | Total Assessment | $2,599,959 (2025) |
| Land Assessment | $1,061,208 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,538,751 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
6212-002-053
Land Assessment
$1,061,208 (2025)
Improvements Assessment
$1,538,751 (2025)
Total Assessment
$2,599,959 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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100% LEASED RETAIL CENTER | 3006 Florence Ave
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