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Property profile & analytics

2450 Atlantic Blvd Commerce, CA 90040

  • Retail space
  • 27,532 SF
  • 1.06 lot acres
Value Estimation
$6,665,000
Last Sale
Jul 14, 2020
$6,325,000
Location Intelligence
Property ID
US09-8499038
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.

Current Use by Public Records

  • Corey R. Wilbur, MS / Doctor
  • Charito Carrillo, LCSW / Doctor
  • Liliana Nunez, BA / Doctor
  • Reina Baez / Marriage Or Relationship Counselor
  • Minerva Guzman, MFT / Doctor

Property Details for 2450 Atlantic Blvd

Year built
1988
Construction
WOOD
Lot size
1.06 lot acres
Property size
27,532 SF
Zone code
CMMI
Property type
Retail space
APN
6335-006-019
APU
6335006019

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 Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,915,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,730,000
    6.5%
    $6,510,000
    7%
    $6,290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $6,765,000
    Geo Method
    $5,830,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,420,000
    Retail
    $6,130,000
    Mixed-Use
    $5,405,000
    Hospitality
    $5,855,000
    Educational
    $6,525,000
    Residential Income
    $5,290,000
    Energy
    $5,875,000
    Income-Based Land
    $7,225,000
    Food Service
    $6,110,000

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

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
$51,955
$1,412,515
$2,511,145
$3,923,660
-
$0.00
$0.00
$0.00
More about this property
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