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Property profile & analytics
OFF-MARKET
Estimated value
$23,715,000
Office buildings
6119 Washington Blvd, Commerce, CA 90040-2436
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-9522546
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Construction
TILT-UP CONCRETE
Total area
56,214 SF
Lot
2.48 ac (108,103 SF)
Zoning code
CMM2*
APN
6334-023-010
UPID
US09-9522546
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
$21.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.72M
Owner & transaction history
Dunn Edwards Corporation · 4 yrs held
Dunn Edwards Corporation
since 2022
Last sale
$25.3M
7 recorded transactions
Zoning & alternative use
CMM2* · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$30.6M
+8.3%
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
$22,310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,720,000
6.5%
$21,895,000
7%
$20,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$28,215,000
Current use
AUTO REPAIR, GARAGE
$30,555,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$25,610,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$23,805,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$23,080,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$23.72M
Range $21.34M – $26.09M · ±10% · vs last sale $25.32M (Apr 29 2022)
Last sale anchor
$25.32M
Apr 29 2022
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
$422 / 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
$312,182
Tax year 2024
Assessed value
$26,343,968
Assessed 2024
Previous assessed
$26,343,968
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$7,616,768
Assessed improvement
$18,727,200
Applied tax rate
12.0000
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
56,214 SF
Lot
2.48 ac (108,103 SF)
Zoning code
CMM2*
APN
6334-023-010
UPID
US09-9522546
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
OFFICE BUILDING Current
Est. value
$28.2M
AUTO REPAIR, GARAGE
Est. value
$30.6M
MEDICAL BUILDING
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.8M
RETAIL STORES
Est. value
$23.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
2.48 ac
Current owner
From public records · entity-resolved
Dunn Edwards Corporation
Entity
Free & Clear · 4 yrs held
Mailing address
6119 E WASHINGTON BLVD, COMMERCE, CA 90040-2436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2022
$25,322,000
Dunn Edwards Corporation
Faec S Landing Way Az LLC
Grant Deed
—
Nov 3, 2021
$15,000,000
Faec S Landing Way Az LLC
6119 Washington LLC
Grant Deed
—
Nov 27, 2017
—
6119 Washington LLC
Jentz Family Trust
Quit Claim Deed
—
May 2, 2017
—
Jentz Family Trust
6119 Washington LLC
Quit Claim Deed
—
Sep 14, 2015
—
Db Many LLC
David Malcolm
Grant Deed
$6,500,000 · Wells Fargo Bank NA
May 28, 2015
$11,550,000
Db Many LLC
Bluewater Realty LLC
Grant Deed
—
Oct 5, 2005
$7,500,000
Bluewater Realty LLC
Commerce Square
Grant Deed
$5,625,000 · John Hancock Life Insurance Co
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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