Get the App

410 E Olive Street, San Marcos, CA 92069

Commercial property · 3 recorded sales since 2014

410 E Olive Street, San Marcos, CA 92069 Sold February 2025 CRMLS
$4,500,000Sold February 2025

Listing Agent: Ch. (Linda) Tumen (DRE #01841076) · Listing Office: One Properties · Contact: 213-252-9100 · Bought with: Ch. (Linda) Tumen · One Properties · MLS #23299731 · Source: CRMLS

141,134 sqft
Lot Size
A70
Zoning
Commercial property
Type

About this commercial property

Orchid Greenhouse is a fully functional and in well maintained condition. Property is currently used for Orchid flower production. The property is zoned Agricultural and has 4 permitted greenhouses. This property to be sold together with Fully Set Up only One in So. CA "Orchid" downtown flower business. Asking Price is $4.5MM (both business/real estate) including $1.3 MM inventory. Flora Caly was founded in the Flower District of DTLA about 20 years ago. Flower Clay is located at 766 San Julian Street, Los Angeles, CA 90014, and the Orchid Greenhouse is in San Marcos, CA. Flora Clay imports a baby orchid from Taiwan, cultivates it, and produces a commercial orchid in 6 months. Then, deliver them to DTLA and San Diego area. Flora Clay is the only "Orchid" supplier in Southern California, and there is still room for growth. The founder is planning to retire. DTLA's gross sales approximately $2.3MM in the first six months, while San Marco's is around $1.1MM. The second half of the year is often busier with larger gross revenues. DTLA has 13 employees/San Marcos has 11 employees. Flora Clay has been supplying orchids to two consignments in the Flower District of DTLA on monthly basis for the last 17 years.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$4,500,000
Sold February 2025 · on market June 2023 · MLS #23299731 · Source: CRMLS
Listing Agent: Ch. (Linda) Tumen · Listing Office: One Properties · Contact: 213-252-9100 · Bought with: Ch. (Linda) Tumen · One Properties
$4,500,000
Sold February 2025 · on market June 2023 · MLS #23299313 · Source: CRMLS
Listing Agent: Ch. (Linda) Tumen · Listing Office: One Properties · Contact: 213-252-9100 · Bought with: Sung Yi · One Properties
$750,000
Sold August 2014 · listed $795,000, on market March 2014 · MLS #140015344 · Source: CRMLS
Listing Agent: Ted Caligiuri · Listing Office: Coldwell Banker Res Brokerage · Contact: 760-941-6888 · Bought with: Out of Area Agent · Out of Area Office
See homes for sale in San Marcos Open the Nalren App

Explore San Marcos