2136 Garfield AveCommerce, CA 90040

  • Industrial properties
  • 26,377 SF
For Sale

Property Details for 2136 Garfield Ave

Year built
1954
Construction
TILT-UP CONCRETE
Lot size
1.02 AC
Property size (Sq ft)
26,377 SF
Zone code
CMM2*
Property type
Industrial properties
Property subtype
Other warehouses
APN
6336-003-047
APU
6336003047

Description

This exceptional investment opportunity presents a single-tenant, industrial warehouse located at 2136 Garfield Ave, Commerce, CA 90040. The property boasts a substantial 26,377 square feet of space within a single, one-story building constructed in 1954. Currently leased to Ceilings Plus/USG, the property offers a secure, long-term investment with a lease extending through October 31, 2027, and includes a five-year fair market value option to renew. The building sits on a sizable 44,630 square foot lot and is zoned M2. The warehouse features five dock-high doors and one grade-level door, providing ample loading and unloading capabilities. With a ceiling height of 14 feet, the space offers efficient storage and operational flexibility. The property's location in Commerce, Los Angeles County, provides excellent access to major transportation arteries, making it an ideal distribution hub. The property's APN is 6336-003-047. This is a rare opportunity to acquire a well-located, leased industrial property with a strong tenant and significant upside potential. The property's solid lease terms and strategic location make it an attractive addition to any investment portfolio. This is a single-unit property with excellent access and loading capabilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,673,616
    Hospitality
    $7,944,985
    Educational
    $6,610,134
    Medical
    $6,837,467
    Retail
    $10,282,431
2136 Garfield Ave, Commerce, California
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Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
34.0018
Longitude
-118.132
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,597
$269,190
$374,956
$644,146
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