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Two-Story Office Building with Yard
For Sale
Contact for pricing

5500 E Washington Blvd, Commerce, CA 90040

Vacant two-story office building with four separate office units, each with restrooms, plus a gated secured yard and parking.

Property Size3,000 SF
Price / SF$400
Days on Market372

Property Features for 5500 E Washington Blvd

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 11
Property subtype OFFICE

Additional Details

Business Included No
Fenced Yard Yes
Office Units 4

Building Details

Stories 2
Tenancy Multi
Listing Agency: The Donaty Group
Listed By: John Donaty · License #01185650
Source: Moodyscre
Added: Jul 30, 2025 Changed: Jul 28 Last Checked: Jul 28 at 10:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Donaty Group

Investment Insights

Based on property information with market context.

Vacant free-standing 3,000 SF, two-story office building with a gated and secured yard. The property includes four office units, built out as two (2) 500 SF units and two (2) 1,000 SF units. Each unit has its own restrooms. Parking is currently set up for 11 cars.

The offering is structured for either an owner-user or an investor, with the existing multi-unit configuration supporting separate office spaces under one roof. The owner may carry.

Overall, the building presents a straightforward layout for office use, with multiple turnkey units and on-site parking within a secured yard setting.

Key Highlights

  • Vacant, freestanding 3,000 SF two‑story office building with four separate office units
  • Unit mix includes two 500 SF units and two 1,000 SF units
  • Restrooms in each unit

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $115.2k $38.40
− Vacancy −$27.8k −$9.25
EGI $87.4k $29.15
− OpEx −$21.9k −$7.29
NOI $65.6k $21.86
3,000 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$936.8K
$819.7K – $1.09M (±1% cap)
NOI $65,578 @ 7.0% cap · market cap 5.46%
Second Best
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M (±1% cap)
NOI $112,433 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 90040, CA

12,089
Population
3,376
Households
3.6
Avg Household Size
36
Median Age
12%
College-Educated
65%
High-School Grad
5.6 sq mi
ZIP Area
2,159
Density / Sq Mi
$70,909
Median Household Income
$37,924
Median Earnings
$1,390
Median Rent
$576,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Vacant two-story office building with four separate office units, each with restrooms, plus a gated secured yard and parking.
Where is this office units located?
The property is located at 5500 E Washington Blvd Commerce, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Vacant, freestanding 3,000 SF two‑story office building with four separate office units; Unit mix includes two 500 SF units and two 1,000 SF units; Restrooms in each unit
(213) 591-4728 Call to check price and availability
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