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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Retail space

2313 Atlantic Blvd Commerce, CA 90040-1201

7,838 SF 0.23 ac lot Built 1926
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-6411380
Property summary
AI-generated overview

This exceptional Commerce, CA retail and office property, located at 2313 S Atlantic Blvd (zip code 90040), offers 7,838 square feet of space in a prime, high-traffic location. The property is zoned C/M1 and features multiple tenancies, with three spaces currently available, each a minimum of 700 square feet. The maximum contiguous space available is also 700 square feet. This multi-tenant retail strip center boasts excellent visibility and accessibility, making it an ideal investment for businesses seeking a strong presence in a bustling commercial area. The property's substantial square footage and strategic location provide a stable income potential for investors looking to expand their portfolios. The Los Angeles County property (APN 5244-024-003) is perfect for accommodating multiple tenants and fostering consistent customer flow, ensuring a steady stream of potential clients. This is a rare opportunity to acquire a well-situated commercial property in a thriving market. The property's traditional office subtype makes it suitable for a variety of businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Total area 7,838 SF
Lot 0.23 ac (10,020 SF)
Zoning code CMC2*
APN 5244-024-004
UPID US09-6411380
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$1.39M
Owner & transaction history
Linda Foglesong · 3 yrs held
Linda Foglesong
since 2022
7 recorded transactions
2022
Price N/A
1994
$162,000
1994
Price N/A
1993
Price N/A
1992
Price N/A
1992
Price N/A
1969
Price N/A
Zoning & alternative use
CMC2* · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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