For Sale
$3,100,000

6315-6323 Pacific Blvd Huntington Park, CA 90255

18,250 SF Retail Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 18,250 square foot retail property, located at 6315-6323 Huntington Park Blvd, Huntington Park, CA 90255, presents a compelling investment opportunity. The Class A building, constructed in 1922 and extensively renovated in 2018, sits on a 15,250 square foot lot and boasts a two-story design. Currently vacant, this owner-user investment offers significant potential. The property features a modern façade with approximately 100 feet of frontage, ensuring high visibility. The asking price is $3,100,000, translating to $169.86 per square foot and a land value of $203 per square foot. The property's strong pro-forma NOI of $285,000 yields a 9.19% cap rate. Situated in a high-traffic area with substantial pedestrian and vehicular traffic exceeding pre-pandemic levels, the property benefits from its proximity to numerous national retailers including Walgreens, CVS, In-N-Out Burger, Starbucks, and Pep Boys. The surrounding area within a 5-mile radius boasts a population exceeding 1 million, generating over $6.5 billion in retail spending in 2023. The property is zoned DTSP and offers a fully equipped retail space with central air conditioning. This prime location on a busy stretch of Pacific Blvd, between Gage Ave and Clarendon Ave, makes it ideal for an anchor tenant seeking to capitalize on high traffic volume and a dense consumer base. The property's excellent condition and strategic location make it an attractive investment for both owner-users and investors seeking a strong return. APN: 6320-031-011.

Highlights

  • 18,250 SF retail building on a 15,250 SF lot at 6315-6323 Huntington Park Blvd, Huntington Park, CA 90255. Class A construction, renovated in 2018, currently vacant. $3,100,000 asking price ($169.86/SF, $203/SF land). 9.19% cap rate with a $285,000 pro-forma NOI.
  • High-traffic location with strong pedestrian and vehicular traffic exceeding pre-pandemic levels. Surrounded by national retailers (Walgreens, CVS, In-N-Out, Starbucks, Pep Boys).
  • Excellent visibility with approximately 100 feet of frontage. Zoned DTSP. Fully equipped with central air conditioning.
  • Ideal for owner-users seeking to avoid high rental rates and capitalize on a dense consumer base. Strong potential for long-term lease income.
  • Dense population (over 1 million within 5 miles) with over $6.5 billion in retail spending in 2023.

Property Details for 6315-6323 Pacific Blvd

Property type
Retail properties, Retail space
Square Feet
18,250 SF
Class
A
Year Built/Renovated
1922/2018
Buildings
1
Stories
2
Units
1

Location Insight

City
Huntington Park
County
Los Angeles
State
California
Latitude
33.983078804277
Longitude
-118.22514094097

FAQs

What type of property is this?
Retail property - 18,250 SF Retail Space, High Traffic Area
Where is the retail property located?
The property is located at 6315-6323 Pacific Blvd Huntington Park, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 18,250 SF retail building on a 15,250 SF lot at 6315-6323 Huntington Park Blvd, Huntington Park, CA 90255. Class A construction, renovated in 2018, currently vacant. $3,100,000 asking price ($169.86/SF, $203/SF land). 9.19% cap rate with a $285,000 pro-forma NOI.; High-traffic location with strong pedestrian and vehicular traffic exceeding pre-pandemic levels. Surrounded by national retailers (Walgreens, CVS, In-N-Out, Starbucks, Pep Boys).; Excellent visibility with approximately 100 feet of frontage. Zoned DTSP. Fully equipped with central air conditioning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6315-6323 Pacific Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message