Property profile

2135 Atlantic Blvd Commerce, CA 90040

OFF-MARKET
Retail space
Property ID
US09-8089797
900 SF 0.17 ac lot Built 1967
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 13,525 square foot commercial land parcel, located at 2135 S Atlantic Blvd in Commerce, CA (zip code 90040), presents a remarkable development opportunity. Situated in Los Angeles County, this property boasts a highly desirable location with direct frontage on a main street and convenient alley access. Its CMC2 zoning allows for a variety of commercial uses. The property's strategic position offers easy access to the 5 Freeway, providing excellent connectivity to the Citadel Outlets, nearby casinos, and the South Bay and Gateway Cities via the nearby 5 and 710 Freeway interchange. This high-traffic area ensures significant visibility and accessibility for any commercial venture. A key advantage is the potential for expansion. An adjacent lot, approximately 7,900 square feet, is owned by the City of Commerce and is available for purchase, significantly increasing the overall development potential. The asking price for this exceptional property is $1,500,000. APN numbers are 5244-014-030 and 5244-014-001. This is a rare chance to acquire a substantial commercial lot in a thriving location with significant growth potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction TILT-UP CONCRETE
Total area 900 SF
Lot 0.17 ac (7,429 SF)
Zoning code CMC2*
APN 5244-014-030
UPID US09-8089797

Cap rate & NOI

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

Location

2135 Atlantic Blvd Commerce, CA 90040-1343
Commerce metro Census 532302 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2021
Last sale
$400,000
4 recorded transactions
2021
Price N/A
2015
$400,000
2003
$260,000
1969
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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