6315-6323 Pacific BlvdHuntington Park, CA 90255
- Retail properties
- 18,250 SF
Property Details for 6315-6323 Pacific Blvd
- Year built
- 1922
- Property size (Sq ft)
- 18,250 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Location Insight
- City
- Huntington Park
- County
- Los Angeles
- State
- California
- Latitude
- 33.9831
- Longitude
- -118.225
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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