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Property profile & analytics
FOR SALE
Manufacturing properties
5519 Jillson St Commerce, CA 90040
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6411463
For Sale
1 / 4
$7,600,000
5519 Jillson St, Commerce, CA 90040
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
24,480 SF
Lot
1.22 ac (53,218 SF)
Zoning code
CMM2**
APN
6335-025-004
UPID
US09-6411463
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
$6.01M
CAP Approach
CAP
$4.68M
Comparable Approach
Comparable
$7.43M
Blend (final)
Blend
$5.90M
Owner & transaction history
3900 3912 S Broadway Pl LLC · 4 yrs held
3900 3912 S Broadway Pl LLC
since 2021
Last sale
$5.9M
5 recorded transactions
Zoning & alternative use
CMM2** · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.3M
+20.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,750,000
ML approach
$6,005,000
CAP Approach
CAP Return
Estimation
6%
$5,070,000
6.5%
$4,680,000
7%
$4,345,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,085,000
Current use
COMMERCIAL (GENERAL)
$7,335,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$5.90M
Range $5.31M – $6.49M · ±10% · vs last sale $5.93M (Nov 1 2021)
Last sale anchor
$5.93M
Nov 1 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$74,682
Tax year 2024
Assessed value
$6,106,107
Assessed 2024
Previous assessed
$6,106,107
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$4,256,276
Assessed improvement
$1,849,831
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
24,480 SF
Lot
1.22 ac (53,218 SF)
Zoning code
CMM2**
APN
6335-025-004
UPID
US09-6411463
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CMM2** · Commerce, CA
Zoning CMM2** · permitted uses
CMM2** · Commerce, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Commerce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$7.3M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
1.22 ac
Current owner
From public records · entity-resolved
3900 3912 S Broadway Pl LLC
Entity
Mailing address
5519 JILLSON ST, COMMERCE, CA 90040-1420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
$5,925,000
3900 3912 S Broadway Pl LLC
Richard Schuster
Grant Deed
$2,543,844 · City National Bank
Jul 26, 2004
—
Flexible Packaging Schuster
—
Deed Of Trust
related
$24,000,000 · Key Bank NA Trustee
Sep 24, 1999
—
Schuster,richard & Esther Tr
—
Deed Of Trust
related
—
Jul 8, 1999
—
Schuster,richard & Esther Tr
—
Deed Of Trust
related
—
Jun 8, 1992
—
Schuster Richard
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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