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Property profile & analytics
OFF-MARKET
Estimated value
$12,155,000
Office buildings
5700 Eastern Ave, Commerce, CA 90040-2924
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7438145
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
47,558 SF
Lot
2.75 ac (119,877 SF)
Zoning code
CMM2*
APN
6332-022-005
UPID
US09-7438145
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
$12.16M
Owner & transaction history
Omninet Commerce Owner LLC · 10 yrs held
Omninet Commerce Owner LLC
since 2015
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
$20,140,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$19,525,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$12.16M
Range $10.94M – $13.37M · ±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
$256 / 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
$108,274
Tax year 2024
Assessed value
$8,250,559
Assessed 2024
Previous assessed
$8,250,559
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,832,278
Assessed improvement
$5,418,281
Applied tax rate
14.0000
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
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
47,558 SF
Lot
2.75 ac (119,877 SF)
Zoning code
CMM2*
APN
6332-022-005
UPID
US09-7438145
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
$20.1M
RETAIL STORES
Est. value
$19.5M
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
2.75 ac
Current owner
From public records · entity-resolved
Omninet Commerce Owner LLC
Entity
Mailing address
9420 WILSHIRE BLVD STE #400, BEVERLY HILLS, CA 90212-3151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
45 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
—
Omninet Commerce Owner LLC
—
Deed
related
—
Aug 5, 2015
—
Omninet Commerce Owner LLC
Omninet Commerce LP
Quit Claim Deed
$50,000,000 · Bank Of America
Nov 1, 2013
—
Omninet Commerce LP
—
Grant Deed
related
$34,500,000 · Bank Of America
Dec 23, 2011
$802,000
Omninet Commerce LP
Ari-cop 12 LLC
Grant Deed
—
Dec 23, 2011
$902,500
Omninet Commerce LP
Ari-cop 10 LLC
Grant Deed
—
Dec 23, 2011
$1,103,000
Omninet Commerce LP
Ari-cop 27 LLC
Grant Deed
—
Dec 23, 2011
$1,203,000
Omninet Commerce LP
Ari-cop 23 LLC
Grant Deed
—
Dec 23, 2011
$1,002,500
Omninet Commerce LP
Ari-cop 21 LLC
Grant Deed
—
Dec 23, 2011
$2,406,000
Omninet Commerce LP
Ari-cop 26 LLC
Grant Deed
—
Dec 23, 2011
$100,500
Omninet Commerce LP
Ari-cop LLC
Grant Deed
—
Dec 23, 2011
$2,105,500
Omninet Commerce LP
Ari-cop 20 LLC
Grant Deed
—
Dec 23, 2011
$1,905,000
Omninet Commerce LP
Ari-cop 14 LLC
Grant Deed
—
Dec 23, 2011
$3,609,000
Omninet Commerce LP
Ari-cop 36 LLC
Grant Deed
—
Dec 23, 2011
$401,000
Omninet Commerce LP
Ari-cop 17 LLC
Grant Deed
—
Dec 23, 2011
$1,604,000
Omninet Commerce LP
Ari-cop 29 LLC
Grant Deed
—
Dec 23, 2011
$2,205,500
Omninet Commerce LP
Ari-cop 16 LLC
Grant Deed
—
Dec 23, 2011
$601,500
Omninet Commerce LP
Ari-cop 6 LLC
Grant Deed
—
Dec 23, 2011
$3,308,500
Omninet Commerce LP
Ari-cop 19 LLC
Grant Deed
—
Dec 23, 2011
$2,707,000
Omninet Commerce LP
Ari-cop 37 LLC
Grant Deed
—
Dec 23, 2011
$1,504,000
Omninet Commerce LP
Ari-cop 7 LLC
Grant Deed
—
Dec 23, 2011
—
Omninet Commerce LP
—
Deed Of Trust
related
$32,500,000 · Db Private Wealth Mortgage Ltd
Apr 11, 2005
—
Ari-commerce Office Park LLC
Cca Corporate Center LLC
Grant Deed
related
—
Mar 9, 2005
$2,236,500
Ari-cop 29 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Mar 9, 2005
$5,032,500
Ari-cop 36 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Mar 9, 2005
$559,500
Ari-cop 34 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Mar 9, 2005
$3,774,500
Ari-cop 37 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Mar 9, 2005
$1,538,000
Ari-cop 27 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Mar 9, 2005
$1,118,500
Ari-cop 33 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$4,613,000
Ari-cop 19 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$37,046,270
Ari-cop LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$2,097,000
Ari-cop 7 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$1,398,000
Ari-cop 25 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$1,677,500
Ari-cop 18 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$1,258,500
Ari-cop 11 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$3,355,000
Ari-cop 26 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$839,000
Ari-cop 6 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$558,000
Ari-cop 1 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$2,656,000
Ari-cop 14 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$559,500
Ari-cop 8 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$3,075,500
Ari-cop 16 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$2,935,909
Ari-cop 20 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Feb 22, 2005
$1,118,500
Ari-cop 12 LLC
Ari-commerce Office Park LLC
Grant Deed
—
Sep 13, 2002
—
Cca Corporate Center LLC
Commerce Office Holding Co LLC
Grant Deed
$39,006,000 · Gmac Commercial Mortgage Corp
Dec 19, 2000
—
Commerce Office Holding Co LLC
Newcrow IV
Grant Deed
$23,045,000 · Lehman Brothers Bank Fsb
—
—
Newcrow IV
—
Deed Of Trust
related
$22,300,000 · Connecticut General Life Ins
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.
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