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Property profile & analytics
FOR LEASE
Office buildings
5601 East Slauson Ave, Commerce, CA 90040
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8598153
For Lease
$13,665,000
5601 East Slauson Ave, Commerce, CA 90040
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Construction
TILT-UP CONCRETE
Total area
50,256 SF
Lot
2.47 ac (107,417 SF)
Zoning code
CMM2*
APN
6332-003-019
UPID
US09-8598153
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.67M
Owner & transaction history
Omninet Cp Oakwood LLC · 5 yrs held
Omninet Cp Oakwood LLC
since 2020
7 recorded transactions
Zoning & alternative use
CMM2* · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$21,285,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$20,635,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$13.67M
Range $12.30M – $15.03M · ±10%
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
$272 / 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
$124,945
Tax year 2024
Assessed value
$9,649,817
Assessed 2024
Previous assessed
$9,649,817
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$3,216,605
Assessed improvement
$6,433,212
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
50,256 SF
Lot
2.47 ac (107,417 SF)
Zoning code
CMM2*
APN
6332-003-019
UPID
US09-8598153
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.3M
RETAIL STORES
Est. value
$20.6M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Omninet Cp Oakwood LLC
Entity
Mailing address
9420 WILSHIRE BLVD4THFL, BEVERLY HILLS, CA 90212-1500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
—
Omninet Cp Oakwood LLC
—
Deed
related
$25,300,000 · Bank Of America NA
Aug 29, 2023
—
Omninet Cp Oakwood LLC
—
Deed
related
$21,550,000 · Us Bank NA
Jul 6, 2020
—
Omninet Cp Oakwood LLC
Omninet Oakwood LP
Grant Deed
$33,000 · Mufg Union Bank NA
May 1, 2020
$32,000,000
Omninet Oakwood LP
Cdcf III Pacific Cmrc Plz LLC
Grant Deed
$17,650,000 · Omninet Capital LLC
Aug 31, 2015
$36,650,000
Cdcf III Pacific Commerce Plaz
Special Services Asset Managem
Grant Deed
—
Jan 20, 2015
$7,700,000
Special Services Asset Managem
First American Title Ins|ap-commerce Plaza LLC
Trustees Deed
related
—
Dec 16, 2004
$22,400,000
Ap-commerce Plaza LLC
Pacifica Commerce Plaza
Grant Deed
$100,000 · Bank Of America
Dec 12, 2002
—
Pacific Commerce Plaza LP
Massachusetts Mutual Life Ins
Grant Deed
$13,300,000 · Santa Barbara Bank & Trust
Dec 10, 2001
$16,500,000
Mutual Life Ins Massachusetts
Crow-los Angeles #12
Trustees Deed
—
—
—
Ap-commerce Plaza LLC
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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