Two-Story Office Building with
5500 East Washington Boulevard, Commerce, CA 90040
For Sale
Contact for pricing
Vacant two-story office building with four finished suites and gated, secured yard parking for up to 10 cars.
Property Size3,000 SF
Price / SF$500
Days on Market149
Property Features for 5500 East Washington Boulevard
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Additional Details
Fenced Yard
Office Units
Building Details
Year Built
Year Renovated
Stories
Units
Listing Agency:
The Donaty Group
Listed By:
Jill Donaty · License #01410965
(213) 749-6655
Source:
Crexi
Added: Jun 12
Changed: Nov 1
Last Checked: Nov 6 at 7:15AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant, free-standing two-story office building offers approximately 3,000 square feet of space and is currently configured into four built-out office units. There are two 500 SF suites and two 1,000 SF suites, with restrooms included in each unit. The property also includes a gated and secured yard and currently provides parking for up to 10 cars.
The site is positioned on busy Washington Boulevard in Commerce, CA. Because the building is free-standing and includes outdoor yard space, it may support a variety of owner-user or multi-suite office setups that benefit from street exposure.
With four separate office units, the property can be an efficient fit for an owner-occupant looking to occupy one or more suites while keeping additional space available, or for an investor seeking a small, multi-unit office asset. The presence of restrooms within each unit and the existing suite configuration can reduce early build-out needs for qualified office tenants. The seller has indicated the possibility of owner financing (owner may carry), subject to terms and approval.
The site is positioned on busy Washington Boulevard in Commerce, CA. Because the building is free-standing and includes outdoor yard space, it may support a variety of owner-user or multi-suite office setups that benefit from street exposure.
With four separate office units, the property can be an efficient fit for an owner-occupant looking to occupy one or more suites while keeping additional space available, or for an investor seeking a small, multi-unit office asset. The presence of restrooms within each unit and the existing suite configuration can reduce early build-out needs for qualified office tenants. The seller has indicated the possibility of owner financing (owner may carry), subject to terms and approval.
Key Highlights
- Vacant 2‑story, 3,000 SF office building built in 1979
- Four office suites: two 500 SF units and two 1,000 SF units
- Restrooms are included in each of the four units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,578
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,560
$1.3M
Cap Rate 7%
$936,829
$936.8K
Cap Rate 9%
$728,644
$728.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$115.2K $38.40/SF
− Vacancy
−$27.8K −$9.25/SF
EGI
$87.4K $29.15/SF
− OpEx
−$21.9K −$7.29/SF
NOI
$65.6K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,560
Cap Rate 7%
$936,829
Cap Rate 9%
$728,644
Alternative Uses
Best Use
Office B
$936.8K
$819.7K – $1.09M
NOI $65,578 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,433 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
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
$576,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Los Angeles County, CA
Properties on Market for Office Units in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Vacant two-story office building with four finished suites and gated, secured yard parking for up to 10 cars.
Where is this office unit located?
The property is located at 5500 East Washington Boulevard Commerce, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Vacant 2‑story, 3,000 SF office building built in 1979; Four office suites: two 500 SF units and two 1,000 SF units; Restrooms are included in each of the four units
