Bell Gardens, CA 90201,5964 Florence Ave
Bell Gardens, CA 90201,5964 Florence Ave
Bell Gardens, CA 90201,5964 Florence Ave
Bell Gardens, CA 90201,5964 Florence Ave
Bell Gardens, CA 90201,5964 Florence Ave
Bell Gardens, CA 90201,5964 Florence Ave
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$ 2,195,000
Est. payment | /mo

5,850 SqFt


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$ 2,195,000
Est. payment | /mo
Save

5,850 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,850 sqft

Price per Sqft $375

MLS Listing ID 25616011

Year Built 1963

Lot Size 0.320 Acres

Acres 0.321

Property Sub-Type Retail

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, Los Angeles County offices, and established retail corridors on Atlantic Blvd and Garfield Ave. This property offers a rare opportunity to own a performing neighborhood retail asset in a mature Southeast LA submarket.

Location

State CA

County Los Angeles

Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th

Zoning BGC4*

Exterior

Garage Spaces 21.0

Building

Story 1

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Maher Commercial Realty
Ronnie Leon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 802-7777

ronnieleon@kw.com

450 Knights Run Ave, Tampa, FL, 33602-5700, USA

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5964 Florence Ave