2136 Garfield Ave Commerce, CA 90040-1806
Property profile & analytics
2136 Garfield Ave Commerce, CA 90040-1806
- Warehouses
- 26,377 SF
- 1.02 lot acres
Property ID
US09-8503031
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 2136 Garfield Ave
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.02 lot acres
- Property size
- 26,377 SF
- Zone code
- CMM2*
- Property type
- Warehouses
- APN
- 6336-003-047
- APU
- 6336003047
Description
This exceptional investment opportunity presents a single-tenant, industrial warehouse located at 2136 Garfield Ave, Commerce, CA 90040. The property boasts a substantial 26,377 square feet of space within a single, one-story building constructed in 1954. Currently leased to Ceilings Plus/USG, the property offers a secure, long-term investment with a lease extending through October 31, 2027, and includes a five-year fair market value option to renew. The building sits on a sizable 44,630 square foot lot and is zoned M2. The warehouse features five dock-high doors and one grade-level door, providing ample loading and unloading capabilities. With a ceiling height of 14 feet, the space offers efficient storage and operational flexibility. The property's location in Commerce, Los Angeles County, provides excellent access to major transportation arteries, making it an ideal distribution hub. The property's APN is 6336-003-047. This is a rare opportunity to acquire a well-located, leased industrial property with a strong tenant and significant upside potential. The property's solid lease terms and strategic location make it an attractive addition to any investment portfolio. This is a single-unit property with excellent access and loading capabilities.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,720,000
- 6.5%
- $5,280,000
- 7%
- $4,905,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,269,000
Market price range: $4.27M - $9.76M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $6,970,000 Current use
- RETAIL STORES
- $10,110,000 Change: +45% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $8,150,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Los Angeles
- State
- California
- Longitude
- -118.132
- Latitude
- 34.0018
- 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
$11,597
$269,190
$374,956
$644,146
-
$0.00
$0.00
$0.00
