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    5505 Olympic Blvd Commerce, CA 90022-5129
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    Property profile & analytics

    5505 Olympic Blvd, Commerce, CA 90022-5129

    View on Map

    • Warehouses
    • 199,809 SF
    • 7.57 lot acres
    Off-Market
    Last Sale Aug 31, 2021
    $45,000,450
    Property ID
    US09-7921654
    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.

    Value Estimations
    $44,590,000
    Show details
    Cap Rate Potential
    7.2%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 5505 Olympic Blvd

    Year built
    1957
    Construction
    TILT-UP CONCRETE
    Lot size
    7.57 lot acres
    Zone code
    CMM2*
    Property type
    Warehouses
    APN
    6340-006-071
    APU
    6340006071

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2021 $45,000,000 Gruma Corporation Prh Xx LP Grant Deed —
    Jan 28, 2021 — Prh Xx LP Commerce Distribution Ctr LP Quit Claim Deed —
    May 24, 2013 — Commerce Distribution Center LLC Cdc Tic 22 LLC Grant Deed $9.9M · Ubs Real Estate Securities INC
    May 24, 2013 $450,000 Commerce Distribution Ctr LLC Cdc Tic 1 LLC Grant Deed —
    Dec 11, 2003 — Cdc Acquisitions LLC — Deed Of Trust · related $10.1M · John Hancock Life Insurance Co
    Nov 25, 2003 — Cdc Tic 6 LLC Cdc Investors LLC Quit Claim Deed · related $10.8M · Luke V Mccarthy
    Oct 31, 2003 — Cdc Tic 21 LLC Cdc Acquisitions LLC Quit Claim Deed · related $10.8M · John Hancock Life Insurance Co
    Oct 23, 2003 — Cdc Tic 1 LLC Cdc Acquisitions LLC Quit Claim Deed · related —
    Aug 18, 2000 — Scif Portfolio III LLC — Deed Of Trust · related $9.1M · Fremont Investment & Loan
    — — Cdc Acquisitions LLC — Deed Of Trust · related $10.1M · John Hancock Life Insurance Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $41,990,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $50,235,000
      6.5%
      $46,370,000
      7%
      $43,060,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $55,865,000
      Current use
      OFFICE BUILDING
      $48,470,000
      Change: -13% Conversion: Difficult
      RETAIL STORES
      $44,975,000
      Change: -20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.153
    Latitude
    34.0158
    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
    $521,259
    $27,050,400
    $15,595,596
    $42,645,996
    -
    $0.00
    $0.00
    $0.00
    More about this property
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