Property profile

2122 Atlantic Blvd Commerce, CA 90040

OFF-MARKET
Investment properties
Property ID
US09-6455043
1,350 SF 0.06 ac lot Built 1957
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,350-square-foot industrial property, located at 2122 S Atlantic Boulevard in Commerce, California, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this building boasts excellent visibility due to its convenient location just off the 5 Freeway, north of the 710 Freeway, ensuring easy access for both employees and clients. The property features a paved and gated yard, providing secure storage and operational space. The asking price of $599,000 reflects a competitive market value, making this an attractive proposition for buyers seeking a well-located industrial space in a thriving area. The building's size and features make it suitable for a variety of industrial uses, offering potential for immediate occupancy or customization to meet specific business needs. The secure gated yard adds an extra layer of security and peace of mind. Its prime location near major freeways offers unparalleled accessibility and connectivity, making it an ideal choice for businesses requiring efficient transportation links. This property is priced to sell and represents a strong investment opportunity in a desirable commercial area. Serious inquiries are encouraged to explore this exceptional offering further. Don't miss this chance to acquire a well-maintained industrial property in a high-traffic location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1957
Construction WOOD
Total area 1,350 SF
Lot 0.06 ac (2,657 SF)
Zoning code CMC2*
APN 6335-002-011
UPID US09-6455043

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Employment Agency
  • Real Estate Agency
  • Employment Agency

Location

2122 Atlantic Blvd Commerce, CA 90040-1320
Commerce metro Census 532303 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2021
Last sale
$385,003
7 recorded transactions
2021
$385,000
2016
$340,000
2014
$170,000
2014
Price N/A
2014
Price N/A
2009
Price N/A
1956
Price N/A

Zoning & alternative use

CMC2* · Commerce, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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