Commerce Light Manufacturing
For Sale
Contact for pricing
1026 S Gerhart Ave, Commerce, CA 90022
Freestanding industrial building in Commerce, CA, suitable for manufacturing.
Property Size4,075 SF
Lot Size0.11 Acres
Price / SF$294.48
Days on Market763
Property Features for 1026 S Gerhart Ave
General Information
Standard status
Active
Size
4,075 SF
Lot size
0.11 Acres
Property subtype
Industrial
Zoning
CMM1
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
1950
Year Renovated
2025
Buildings
1
Stories
1
Listing Agency:
KW Commercial
Listed By:
David Weinberger · License #DRE 01349349
(818) 970-0915
Source:
Crexi
Added: Sep 17, 2024
Changed: Oct 16
Last Checked: Oct 16 at 7:21AM
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 KW Commercial
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Investment Insights
Based on property information with market context.
Located in Commerce, California, the property at 1026 S. Gerhart Avenue is available for sale or lease, presenting an opportunity for businesses seeking a light industrial manufacturing warehouse. Constructed in 1950, this one-story, single-tenant, freestanding industrial property encompasses 4,075 square feet on a 5,009 square foot lot. The property is zoned M (Light Manufacturing), offering flexibility for various industrial or manufacturing operations. The property will be delivered 100% vacant, making it suitable for an owner-user or an investor. Situated in an industrial area, the location provides proximity to the Los Angeles and Long Beach ports and the Alameda Corridor freight expressway, offering logistical advantages. The property is in Vanilla Shell condition with flexible room layouts suitable for various professional or business purposes. It features an open, efficient workspace with owner improvements ready for occupancy. The zoning is suitable for industrial, warehouse, or light manufacturing use. Ideal users include light manufacturing, distribution, e-commerce, storage, or production operations. The property is being sold in "as is" "where is" condition with all faults, known and unknown, with absolutely no representations or warranties expressed or implied.
Key Highlights
- Vacant Possession: Delivered 100% vacant, ideal for owner‑users or investors.
- Prime Location in Commerce, CA, with proximity to Los Angeles and Long Beach ports and the Alameda Corridor.
- Zoned M (Light Manufacturing) offering flexibility for various industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,470
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,229,400
$1.2M
Cap Rate 7%
$878,143
$878.1K
Cap Rate 9%
$683,000
$683.0K
Market Conditions
NOI Build-Up for 4,075 SF
Gross rent
$77.3K $18.96/SF
− Vacancy
−$4.9K −$1.21/SF
EGI
$72.3K $17.75/SF
− OpEx
−$10.8K −$2.66/SF
NOI
$61.5K $15.08/SF
Area
ZIP 90022
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,229,400
Cap Rate 7%
$878,143
Cap Rate 9%
$683,000
Alternative Uses
Best Use
Warehouse
$878.1K
$768.4K – $1.02M
NOI $61,470 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$723.2K
$632.8K – $843.7K
NOI $50,622 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,221 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Freestanding industrial building in Commerce, CA, suitable for manufacturing.
Where is this manufacturing property located?
The property is located at 1026 S Gerhart Ave 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 Possession: Delivered 100% vacant, ideal for owner‑users or investors.; Prime Location in Commerce, CA, with proximity to Los Angeles and Long Beach ports and the Alameda Corridor.; Zoned M (Light Manufacturing) offering flexibility for various industrial uses.
