Huntington Park, CA 90255,3111 E Florence Ave
Huntington Park, CA 90255,3111 E Florence Ave
Huntington Park, CA 90255,3111 E Florence Ave
8
$17,250,000
$17,546,666
1.7%
Est.Price: ?

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28,000 SqFt

3111 E Florence Ave Huntington Park, CA 90255

Est. payment /mo
SOLD DATE : 03/18/2022

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Key Details

Sold Price $17,250,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 28,000 sqft

Price per Sqft $616

MLS Listing ID 21-784462

Sold Date 03/18/22

Year Built 2018

Lot Size 1.400 Acres

Acres 1.4

Property Description

Realty Group Advisors is pleased to present 3111 E Florence Avenue for sale in Huntington Park, California. This freestanding, single-tenant, 28,000-square-foot retail building sits on a 1.4-acre lot and is fully leased to Smart & Final, one of the longest operating food retailers in the United States. The property features excellent visibility at the signalized intersection of Florence Avenue and Mission Place, with a combined average daily traffic count of more than 33,000 vehicles. 3111 E Florence Avenue is easily accessible to consumers via I-710 to the east, I-110 to the west, I-105 to the south, and I-10 and I-5 to the north. Additionally, a bus stop along a 38-stop bus route is located directly in front of the building, and Dial-A-Ride taxi services are readily available. This accessibility allows the property to reach the strong surrounding demographics in the Huntington Park area, which is one of the most densely populated markets in Southern California. Within a five-mile radius of the building live more than 1 million residents, who contribute to a consumer spending total of over $7.2 billion. Located just seven miles south of Downtown Los Angeles, the property is situated along a well-established urban street retail district. It draws from the popular surrounding communities of Lynwood, Bell, and Maywood. With its ease of access and strong surrounding demographics, 3111 E Florence Avenue offers an excellent e-commerce-proof investment opportunity in the Gateway Cities district of southeastern Los Angeles County.

Location

State CA

County Los Angeles

Area Vernon, Maywood, Hunt Pk &Amp; Bell, N Of Florence, W Of 710

Zoning HPCG-R1-R3

Interior

Heating Central

Laundry None

Exterior

Garage Spaces 77.0

Roof Type Concrete

Building

Story 1

Water District

Structure Type Hard Coat

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Realty Group Advisors
Bought with Wilshire Realty & Investment, Inc

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Herman Singh

Broker

+1(310) 625-6175

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