2450 Atlantic Blvd, Commerce, CA 90040-1200
- Retail space
- 27,532 SF
- 1.06 lot acres
Current Use by Public Records
- Retail space
Property Details for 2450 Atlantic Blvd
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 1.06 lot acres
- Zone code
- CMMI
- Property type
- Retail space
- APN
- 6335-006-019
- APU
- 6335006019
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 14, 2020 | — | Nurira LLC | Nurira LLC | Intrafamily Transfer · related | $4.5M · Open Bank |
| May 6, 2013 | — | Nurira LLC | — | Deed Of Trust · related | $3.5M · Bbu Bank |
| Nov 1, 2012 | $6,325,000 | Nurira LLC | H & A Commerce LP | Grant Deed | — |
| Nov 2, 2007 | $12,431,000 | H Commerce | Investwest Regency Commerce | Grant Deed | $8.9M · Artesia Mortgage Capital Corp |
| Aug 25, 2005 | — | Investwest Regency Commerce | Feit 1984 Trust | Grant Deed | $6.9M · Legg Mason Real Estate Capital |
| Sep 25, 2003 | — | La Brea Properties LLC | Woodman Partners LLC | Grant Deed · related | — |
| May 11, 2000 | $2,100,000 | Woodman Partners LLC And La Brea | — | Grant Deed · related | — |
| Oct 7, 1999 | — | Washington Mutual Federal | — | Deed Of Trust · related | — |
Description
Commerce Corner, located at 2450 S Atlantic Blvd, Commerce, CA 90040, offers a diverse range of leasing opportunities in a high-demand Southeast Los Angeles submarket. This Class B property boasts a total of 67,010 square feet, with spaces ranging from a minimum of 1,370 square feet to a maximum contiguous space of 22,448 square feet. The property is ideally suited for a variety of uses, including retail, office (traditional, executive, and creative), restaurant, bakery, boba shop, and donut shop. Multiple tenancy options are available. A prominent freestanding building with drive-thru potential is a key feature, situated directly across from a Starbucks, ensuring high visibility and significant foot and vehicle traffic. The property's location on South Atlantic Boulevard, near Washington Blvd, provides excellent access to major thoroughfares and is surrounded by other popular retail destinations, guaranteeing consistent customer flow. This makes Commerce Corner an exceptional choice for businesses seeking maximum exposure and a vibrant commercial environment. The property is categorized as a 2nd generation space, offering immediate occupancy potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,915,000
- ML approach
- $6,930,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,265,000
Market price range: $5.38M - $18.8M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Los Angeles
- State
- California
- Longitude
- -118.168
- Latitude
- 34.0021
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
