Financial
Distress signals
Property profile

1026 S Gerhart Ave Commerce, CA 90022

FOR SALE
Manufacturing properties
Property ID
US09-8597304
3,311 SF 0.11 ac lot Built 1950
Last sale May 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional light industrial property, situated at 1026 Gerhart Avenue in Commerce, California, presents a compelling investment or owner-user opportunity. The single-story, freestanding building encompasses 4,075 square feet and sits on a 0.12-acre lot (5,009 square feet). Constructed in 1950, the structure is zoned M (Light Manufacturing), offering versatility for a range of industrial or manufacturing uses. A key advantage is that the property will be delivered 100% vacant, allowing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$162k
Assessed land$102k
Assessed improvement$61k
Effective rate1.57%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 5.12% cap applied$61k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$86 – $218
Qualifying comparables19

Cap rate analysis

How does the asset earn?
5.12%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CMM1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home10.0
HVAC Service9.8
Assisted Living Facility9.6

Location

1026 S Gerhart Ave Commerce, CA 90022
County assessor Recorded deeds · 2 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1056 Gerhart, Commerce, CA 90022-4226 $175,000 Oct 2023 2,520 SF
920 Gerhart, Commerce, CA 90022-4108 $710,007 Jan 2023 2,486 SF
1311 Atlantic, Los Angeles, CA 90022-5013 $330,000 Dec 2022 4,000 SF
1328 Gerhart, Commerce, CA 90022-4246 $415,000 Mar 2021 2,937 SF
1217 Goodrich, Commerce, CA 90022-5124 $190,000 Oct 2020 2,448 SF
1424 Gerhart, Commerce, CA 90022-4228 $850,008 Aug 2020 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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