Bell Gardens, CA 90201,5964 Florence AVE
Bell Gardens, CA 90201,5964 Florence AVE
Bell Gardens, CA 90201,5964 Florence AVE
17
See all 17 photos
$2,195,000
Est. payment /mo
Save
0.32 Acres Lot
Active

5964 Florence AVE Bell Gardens, CA 90201

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Jennifer Gascon

Jennifer Gascon

+1(858) 382-0349

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25616011

HOA Y/N No

Year Built 1963

Lot Size 0.320 Acres

Property Description

We are pleased to present 5960-5964 Florence Avenue, a 5,850-square-foot neighborhood strip center located in Bell Gardens, California, a densely populated community in southeast Los Angeles County. The property features a total of five units, one vacant and four occupied by service-oriented tenants operating under Modified Gross leases, delivering consistent cash flow with strong expense margins. The tenant mix includes a restaurant, juice bar, barber shop and laundromatbusinesses that serve daily neighborhood needs and demonstrate recession-resistant demand patterns. The property benefits from high street visibility along Florence Avenue, a primary east-west retail corridor connecting multiple municipalities. Anchored by a 1,850-square-foot laundry facility, the center provides essential services to a predominantly working-class, high-density residential trade area.All four tenants operate under Modified Gross lease structures with the landlord responsible for property taxes, building insurance, and common area trash service. Current aggregate annual base rent totals an estimated $172,740, generating a estimated Net Operating Income of $125,893. Lease expirations are staggered between 2023 and 2026, providing strategic rollover opportunities without significant income disruption. The weighted average rent across all tenants is $1.71 per square foot per month. The 1,850-square-foot laundromat anchor currently pays $1.17 per square foot, approximately 32% below the center average, presenting substantial rental upside upon its 2025 lease expiration. The Modified Gross structure provides expense predictability and landlord control over operating costs while maintaining strong net margins. All tenants serve neighborhood-based customer demographics with high repeat-visit frequency.Bell Gardens occupies a strategic position in the Southeast Los Angeles submarket, approximately 10 miles east of Downtown Los Angeles with direct access via Interstate 5 and State Route 710. Florence Avenue functions as a major arterial corridor connecting multiple municipalities and generating consistent vehicular and pedestrian activity. The immediate trade area features high-density multifamily residential development with limited single-family housing and strong renter demographics. Nearby demand drivers include Rio Hondo Community College (12,000+ students), Los Angeles County government facilities, and established retail nodes along Atlantic Boulevard and Garfield Avenue. The Southeast LA submarket is characterized by mature urban infill with constrained land availability, limited new retail construction, and high barriers to entry for competing properties.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Zoning BGC4*

Interior

Fireplace No

Exterior

Total Parking Spaces 21

Building

Lot Description Corner Lot

Story 1

Others

Tax ID 6227006012

Special Listing Condition Standard

CRMLS – RECore
Listed by Oron Maher Maher Commercial Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Bryson Avenue School

    Public | KG - 5

  • 8

    Aspire Gateway Academy

    Public | KG - 5

  • 8

    Price Elementary

    Public | KG - 5

  • 8

    Gallatin Elementary

    Public | KG - 5

  • 7

    Old River Elementary

    Public | 4 - 5

  • 7

    Williams Elementary

    Public | KG - 3

  • 7

    Alameda Elementary School

    Public | KG - 3

  • 6

    Washington Elementary School

    Public | KG - 6

  • 6

    Aspire Firestone Academy

    Public | KG - 5

  • 6

    Maywood Elementary

    Public | KG - 5

  • 6

    Will Rogers Elementary School

    Public | KG - 6

  • 6

    Imperial Elementary School

    Public | KG - 3

  • 6

    Rio Hondo Elementary

    Public | KG - 5

  • 5

    Corona Elementary School

    Public | 1 - 5

  • 5

    Teresa Hughes Elementary / Magnet School

    Public | PK - 6

  • 5

    Jaime Escalante Elementary School

    Public | KG - 6

  • 5

    Nueva Vista Elementary

    Public | KG - 6

  • 5

    Tweedy Elementary School

    Public | KG - 5

  • 5

    Bell Gardens Elementary

    Public | KG - 5

  • 5

    Bandini Elementary

    Public | KG - 5

Middle Schools 14
  • 7

    Stauffer Middle School

    Public | 6 - 8

  • 7

    Griffiths Middle School

    Public | 6 - 8

  • 6

    International Studies Learning

    Public | 6 - 12

  • 5

    Magnolia Science Academy Bell

    Public | 6 - 8

  • 5

    Orchard Academies 2B

    Public | 6 - 8

  • 4

    Orchard Academies 2c

    Public | 6 - 8

  • 4

    South Gate Middle School

    Public | 6 - 8

  • 4

    Nimitz Middle School

    Public | 6 - 8

  • 4

    Suva Intermediate

    Public | 6 - 8

  • 3

    Bell Gardens Intermediate

    Public | 6 - 8

  • 3

    Montebello Intermediate

    Public | 6 - 8

  • 1

    Hosler Middle School

    Public | 7 - 8

  • 0

    Kirby, Dorothy Camp

    Public | 7 - 12

  • 0

    Interamerican Adult School

    Private | 7 - 12

High Schools 10
  • 7

    Warren High School

    Public | 9 - 12

  • 7

    Downey High School

    Public | 9 - 12

  • 5

    Legacy STEAM High School

    Public | 9 - 12

  • 4

    Lynwood High School

    Public | 9 - 12

  • 4

    Bell High School

    Public | 9 - 12

  • 4

    Maywood Academy

    Public | 9 - 12

  • 4

    Legacy Visual & Performing Arts High School

    Public | 9 - 12

  • 4

    Applied Technology Center

    Public | 9 - 12

  • 3

    Bell Gardens High School

    Public | 9 - 12

  • 0

    Vail High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Jennifer Gascon

Jennifer Gascon

Agent | License ID: 01943416

+1(858) 382-0349

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jennifer Gascon, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5964 Florence AVE

QUICK SEARCH