Properties

Bell Gardens, CA 90201 5964 Florence Avenue

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Presented By: Oron Maher with Maher Commercial Realty;
  • MLS# 25616011
  • 11/06/2025
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  • SQFT • 5,850

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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.
Presented By: Oron Maher with Maher Commercial Realty;

Interior Features for 5964 Florence Avenue

Bathrooms

Total Baths

Other Interior Features

Total Stories1

General for 5964 Florence Avenue

Business TypeRetail
Cap Rate5.74
CityBell Gardens
CountyLos Angeles
DirectionsEast on Florence Avenue. Property is just west of Joboneria Road.
HOA Fee$
Lot Size Square Feet13939
Lot Size UnitsSquare Feet
MLS AreaT3 - Bell Gardens, Bell E of 710, Commerce S of 26
Net Operating Income125893
Number Of Units Total5
PostalCityBELL GARDENS
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1963
ZoningBGC4*

Exterior for 5964 Florence Avenue

Building Area Total5850
Lot FeaturesCorner Lot
Lot Size Acres0.32
Lot Size Area13939
Lot Size SourceOther
Number of Buildings1
Total Parking21

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,195,000
MLS#25616011
List Date 11/06/2025
Property Type Commercial
Phone 888.795.6274
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