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3046 E Florence Ave 6,075 SF Retail Building Huntington Park, CA 90255 $7,489,000 ($1,232.76/SF) 8.11% Cap Rate
Investment Highlights
- High traffic count 30k
- New Structure and Equipment
- Good cash flow
Executive Summary
High volume coin laundry building and business for sale. Good CAP rate, market share and advantagous water rates.
Data Room Click Here to Access
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
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,075 SF
Building Class
B
Year Built
2021
Price
$7,489,000
Price Per SF
$1,232.76
Cap Rate
8.11%
NOI
$607,164
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.38 AC
Zoning
CG - CG
Parking
18 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
140’ on Florence Ave
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6212-002-054 | Total Assessment | $4,085,650 (2025) |
| Land Assessment | $2,122,416 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,963,234 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
6212-002-054
Land Assessment
$2,122,416 (2025)
Improvements Assessment
$1,963,234 (2025)
Total Assessment
$4,085,650 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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3046 E Florence Ave
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