3411 Florence AveLos Angeles, CA 90043

Property Details for 3411 Florence Ave

Year built

2017

Lot size

0.59 AC

Property size (Sq ft)

5,659 SF

Zone code

LAC2

Property type

Automotive properties

APN

4006-033-016

APU

4006033016

Description

This exceptional retail space, located at 3411 W Florence Ave in Los Angeles, CA 90043, offers 5,659 square feet of prime commercial real estate. Currently, 1,244 square feet is available for lease within this single-tenant building. The property boasts a highly visible location within a bustling plaza, anchored by a well-established gas station and ampm convenience store, ensuring consistent foot and vehicle traffic. This translates to excellent exposure for your business, attracting both pedestrian and vehicular customers. The space itself is designed to maximize its appeal, featuring large glass windows that bathe the interior in natural light, creating an inviting and welcoming atmosphere. Internal features include a private office and a restroom, providing added convenience and functionality for a variety of retail or service businesses. This is an unparalleled opportunity to establish or expand your business in a thriving Los Angeles neighborhood with exceptional visibility and accessibility. The property's strategic location and attractive features make it an ideal choice for businesses seeking a high-impact presence in a busy commercial area. Don't miss this chance to secure a prime retail space in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,410,268

  6.5%

  $2,224,862

  7%

  $2,065,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,711,811

  Geo Method

  $2,711,811

• Alternative Use

  Use

  Valuation

  Residential

  $1,876,755

  Hospitality

  $1,719,097

  Educational

  $1,430,269

  Medical

  $1,479,458

  Retail

  $2,224,862

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9749

Longitude

-118.331

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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