Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4306 Washington Blvd Commerce, CA 90023
    Back to Search
    Property profile & analytics

    4306 Washington Blvd Commerce, CA 90023

    View on Map
    • Warehouses
    • 5,232 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 4306 Washington Blvd

    Year built
    2022
    Property size
    5,232 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 5,232-square-foot industrial property, built in 2022, is ideally situated in the Vernon submarket of Commerce, California. The building offers a versatile space suitable for manufacturing or warehousing operations, with a single tenant occupancy of the entire building. The property boasts a substantial 16-foot ceiling height, providing ample vertical space for storage or equipment. Loading and unloading are facilitated by a single loading dock. Ample parking is available with eight spaces, offering a generous 1.5:1 parking ratio. The property features heavy power (600 Amps, 240V, 3-phase, 4-wire), making it suitable for power-intensive operations. The 0.24-acre lot provides sufficient space for maneuvering and potential expansion. The property is zoned M2, and its Los Angeles County location offers easy access to major transportation arteries. The address is 4306 E Washington Blvd, Commerce, CA 90023, conveniently located near the intersection of Ash Street and East Washington Boulevard. The property's APN is 5243006006. This is a rare opportunity to lease a modern, well-equipped industrial space in a prime location. The entire 5,232 square feet is currently vacant and available for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.183
    Latitude
    34.0079

    Comparable in this City

    • Value Estimation by Request
      5,142 SF

      2325 Jesse St

      Office Units • 5,142 SF
      2325 Jesse St, Los Angeles, CA 90023
      View Details
    • Value Estimation by Request
      11,200 SF

      1350 Pico Blvd

      Distribution properties • 11,200 SF
      1350 Pico Blvd, Los Angeles, CA 90023
      View Details
    • Value Estimation by Request
      11,873 SF

      687 Anderson St

      Distribution properties • 11,873 SF
      687 Anderson St, Los Angeles, CA 90023
      View Details
    • Value Estimation by Request
      35,288 SF

      1370 Esperanza St

      Distribution properties • 35,288 SF
      1370 Esperanza St, Los Angeles, CA 90023
      View Details
    • Value Estimation by Request
      30,000 SF

      1401 Hicks Ave

      Distribution properties • 30,000 SF
      1401 Hicks Ave, Commerce, CA 90023
      View Details
    • Value Estimation by Request
      13,635 SF

      3520-3540 Emery St

      Distribution properties • 13,635 SF
      3520-3540 Emery St, Los Angeles, CA 90023
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,870 SF

      Functional Warehouse with Recent Upgrades

      Upgraded warehouse with gated parking, convenient freeway access.
      3690 Noakes St, Los Angeles, CA 90023
      View Details
    • $860,000

      Versatile Warehouse Space Near Downtown

      4,120 SF warehouse space near downtown Los Angeles.
      3328 E 14Th St, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      5,400 SF

      Industrial Property with Yard Space

      Industrial building with yard space suitable for various uses.
      3431 E 15Th St, Los Angeles, CA 90023
      View Details
    • $749,999
      1,242 SF

      Manufacturing/Warehouse/Ghost Kitchen

      Manufacturing/Warehouse/Ghost Kitchen
      3365 Union Pacific Ave, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      5,410 SF

      Boyle Heights Industrial Corner Property

      5,410 SF building in Boyle Heights industrial area.
      3109 E 11Th St, Los Angeles, CA 90023
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,301 SF

      Refrigerated Distribution Facility Available

      30,000 SF refrigerated distribution facility with office space.
      3000-3090 E Washington Blvd, Los Angeles, CA 90023
      View Details
    • Contact for pricing

      Industrial Warehouse Near Downtown LA

      68,772 SF warehouse in Boyle Heights, near Downtown LA.
      2801 E 12Th St, Los Angeles, CA 90023
      View Details
    • $1.10 SF/Yr
      20,000 SF

      Industrial Property with Secured Yard

      Industrial property featuring dock high loading and secured, gated yard.
      Los, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      35,028 SF

      Warehouse with Secure Fenced Yard

      Functional warehouse with dock high loading and secure yard.
      3161-3171 E 12Th St, Los Angeles, CA 90023
      View Details
    • $1.50 SF/Yr
      9,607 SF

      Industrial Space Available For Sublease

      Industrial space with secure parking and easy freeway access.
      1525-1545 Rio Vista Ave, Los Angeles, CA 90023
      View Details
    • $0.60 SF/Yr
      196,395 SF

      Industrial Space with Dock Loading

      Multiple units available for lease with dock high loading.
      2650 E Olympic Blvd, Los Angeles, CA 90023
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4306 Washington Blvd
    Commerce, CA 90023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4306 Washington Blvd, Commerce, CA, 90023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!