3111 E Florence Avenue, Los Angeles, CA 90255
Commercial property · 2 recorded sales since 2022
Sold March 2022
Listing Agent: Reyes Mejia (DRE #01868073) · Listing Office: Realty Group Advisors · Contact: 323-273-1457 · Bought with: Kenny Yoo · Wilshire Realty & Investment, Inc · MLS #DW21203724 · Source: CRMLS
About this commercial property
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.
Listing description from the March 2022 sale, as reported to CRMLS.
Sale history
