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Property profile & analytics
OFF-MARKET
Retail space

2135 Atlantic Blvd Commerce, CA 90040-1343

900 SF 0.17 ac lot Built 1967
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-8089797
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ramez Karkafi · 5 yrs held
Ramez Karkafi
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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