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    2121 Yates Ave Commerce, CA 90040-1911
    Property profile & analytics

    2121 Yates Ave Commerce, CA 90040-1911


    • Warehouses
    • 19,222 SF
    • 0.81 lot acres
    Off-Market
    Last Sale Dec 18, 2024
    Property ID
    US09-7036271
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2121 Yates Ave

    Year built
    1956
    Construction
    TILT-UP CONCRETE
    Lot size
    0.81 lot acres
    Property size
    19,222 SF
    Zone code
    CMM2*
    Property type
    Warehouses
    APN
    6336-003-042
    APU
    6336003042

    Description

    This exceptional 19,222-square-foot industrial property, located at 2121 Yates Avenue in Commerce, California, presents a compelling investment opportunity. The property, built in 1956 and situated on a 0.81-acre lot (APN 6336-003-042), is zoned CMM2*. It boasts 3,000 square feet of refrigerated/cold storage space, perfectly complementing the substantial warehouse area. Four dock-high doors facilitate efficient loading and unloading. The warehouse features an impressive 18-foot ceiling height. Currently 100% occupied by Solfi International under a lease expiring December 30, 2025, this property offers strong, immediate cash flow. The layout is adaptable, easily accommodating multiple tenants, providing flexibility for future expansion or rental income generation. Its strategic location in the infill Los Angeles market offers convenient access to major freeways (5, 710, 60, and 605), and potential for rail access further enhances its logistical advantages. The asking price is $5,100,000, translating to $265 per square foot. This property is an ideal acquisition for both investors seeking stable returns and owner-users looking for a well-located, functional industrial space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,170,000
      6.5%
      $3,850,000
      7%
      $3,575,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.13
    Latitude
    34.0026
    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
    $30,239
    $1,090,215
    $1,258,345
    $2,348,560
    -
    $0.00
    $0.00
    $0.00
    More about this property
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