Individually Owned Property summary
AI-generated overview
This exceptional 7,438 square foot flex space at 2119 S Atlantic Blvd in Commerce, California, presents a unique opportunity for businesses seeking a versatile and highly visible location. Situated in Los Angeles County, this single-tenant property boasts a prime corner location, ensuring excellent exposure and accessibility. The building is zoned C-M/1, offering flexibility for a variety of uses, including retail, office, and industrial applications. The property's versatile nature makes it ideal for businesses requiring a blend of office, manufacturing, and creative workspace. The entire 7,438 square feet is currently vacant and immediately available for sale or lease. Seller financing is available, making this an attractive option for qualified buyers. The property's address is 2119 S Atlantic Blvd, Commerce, CA 90040. This location offers easy access to major transportation routes, making it a strategic choice for businesses needing efficient logistics. The property's size and zoning provide ample space for expansion and customization to meet specific business needs. Interested parties should inquire for further details.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
TILT-UP CONCRETE
Total area
7,438 SF
Lot
0.12 ac (5,082 SF)
Zoning code
CMC2*
APN
5244-013-037
UPID
US09-8595501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
since 2024
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
CMC2* · Commerce, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.66M
Value range
$1.49M – $1.82M
±10% around blend
Estimated value / SF
$223 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$1.49M
blend $1.66M
$1.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,438 SF
Lot area
0.12 ac
Year built
1959
Stories
1
APN
5244-013-037
Zoning
CMC2*
Assessed value
$1,664,640
Annual tax
$21,196
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.00M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.0 mi away · 6,306 SF
4.2 mi away · 7,099 SF
4.4 mi away · 6,126 SF
4.7 mi away · 7,002 SF
4.7 mi away · 6,193 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.66M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 585 sales
$502
-56%
County 2758 sales
$449
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $223/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.60M
Move the market yield to see immediate price impact.
Value / SF
$215
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$101k
$2.02M
$1.44M
$1.12M
$112k
$2.24M
$1.60M
$1.24M
$123k
$2.46M
$1.76M
$1.37M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$3.65M
1.7 mi · Sep 2025 · $474/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,196
Tax year 2024
Assessed value
$1,664,640
Assessed 2024
Previous assessed
$1,664,640
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,144,440
Assessed improvement
$520,200
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,438 SF
Lot
0.12 ac (5,082 SF)
Zoning code
CMC2*
APN
5244-013-037
UPID
US09-8595501
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CMC2* · Commerce, CAZoning CMC2* · permitted uses
CMC2* · Commerce, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CMC2*
Jurisdiction
Commerce, CA
Recorded code
CMC2*
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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