Property profile

5900 Eastern Ave Commerce, CA 90040

OFF-MARKET
Office buildings
Property ID
US09-8499156
53,920 SF 3.37 ac lot Built 1974
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-story office campus, situated at 5900 Eastern Avenue in Commerce, California, offers a unique opportunity for businesses seeking flexible and functional workspace. The property boasts a total of 54,219 square feet, spread across a 3.37-acre lot. Built in 1974 and renovated in 1987, the Class B building features attractive architectural details including a beautiful stacked stone exterior, designer paint colors, and chevron exterior wood accents. Three modern lobby entrances provide convenient access. The property is zoned M2, Commerce, and has a Los Angeles County APN of 6332-015-033. Currently, there are three available office spaces ranging in size from 535 square feet to 1,413 square feet, ideal for a variety of business needs. The property includes 100 parking spaces, ensuring ample convenience for employees and clients. The expansive layout presents significant potential for creative open spaces, particularly given the existing exposed ceilings. This location in Commerce, CA (zip code 90040) offers easy access to major transportation routes and is well-suited for businesses seeking a prominent presence in the Los Angeles County area. The property's combination of attractive aesthetics, functional design, and convenient location makes it an ideal investment opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction WOOD
Total area 53,920 SF
Lot 3.37 ac (146,620 SF)
Zoning code CMM2
APN 6332-015-033
UPID US09-8499156

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • High School
  • Consultant
  • Physician
  • Take-out & Catering

Location

5900 Eastern Ave Commerce, CA 90040-4017
Commerce metro Census 532304 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.50M

Owner & transaction history

since 2017
5 recorded transactions
2019
Price N/A
2017
$7.0M
2007
Price N/A
2006
$7.1M
1969
Price N/A

Zoning & alternative use

CMM2 · Commerce, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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