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5964 Florence Avenue Bell Gardens, CA 90201
5,850 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,850 sqft
Price per Sqft $375
MLS Listing ID CL25616011
HOA Y/N No
Year Built 1963
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Comm Ind For Sale
Property Description
We are pleased to present 5960-5964 Florence Avenue, a +/-5,850 SF neighborhood strip center in the heart of Bell Gardens. The property is 100% occupied by five service-oriented tenants, a restaurant, juice bar, barber shop, printing service, and laundromat, providing steady cash flow and recession-resistant income. Located along Florence Avenue, a major east-west retail corridor with strong traffic counts and visibility, the center benefits from consistent local demand and a stable working-class customer base. Anchored by a +/-3,000 SF laundromat, the tenant mix serves essential neighborhood needs with high repeat business. All tenants operate under Modified Gross leases, with the landlord covering property taxes, insurance, and trash service. Current gross annual rent totals $181,400, generating an NOI of $167,767. Leases are staggered through 2026, offering stability with future rental upside, particularly from the laundromat anchor currently leased below market rates. Bell Gardens offers a strategic infill location approximately 10 miles east of Downtown Los Angeles with easy access to I-5 and the Long Beach Freeway. The surrounding area features high-density multifamily housing, strong renter demographics, and proximity to major demand drivers including Rio Hondo College, Lo
Location
State CA
County Los Angeles
Zoning BGC4
Interior
Fireplace No
Exterior
Total Parking Spaces 21
Building
New Construction No
Others
Tax ID 6227006012
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Listed by Oron Maher • Maher Commercial Realty