2313 Atlantic BlvdCommerce, CA 90040

Property Details for 2313 Atlantic Blvd

Year built

1926

Lot size

0.23 AC

Property size (Sq ft)

7,838 SF

Zone code

CMC2*

Property type

Retail properties

Property subtype

Retail space

APN

5244-024-004

APU

5244024004

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,310,074

  6.5%

  $3,055,454

  7%

  $2,837,207

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,755,995

  Geo Method

  $3,755,995

• Alternative Use

  Use

  Valuation

  Residential

  $2,577,389

  Hospitality

  $2,360,875

  Educational

  $1,964,220

  Medical

  $2,031,773

  Retail

  $3,055,454

Location Insight

City

Commerce

County

Los Angeles

State

California

Latitude

34.0048

Longitude

-118.166

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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