Property profile

972 Goodrich Blvd Commerce, CA 90022

OFF-MARKET
Office buildings
Property ID
US09-9103034
30,352 SF 1.42 ac lot Built 1958
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Construction TILT-UP CONCRETE
Total area 30,352 SF
Lot 1.42 ac (61,926 SF)
Zoning code CMM2*
APN 6340-006-076
UPID US09-9103034

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
  • Medical Clinic
  • Pediatrician Physician
  • Pharmacy
  • Pediatrician Medical Clinic
  • Pediatrician Physician

Location

972 Goodrich Blvd Commerce, CA 90022-4114
Commerce metro Census 532303 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
$12.78M
Comparable Approach Comparable
$10.38M
Blend (final) Blend
$565k

Owner & transaction history

since 2017
3 recorded transactions
2017
$6.4M
2015
$18.4M
2006
Price N/A

Zoning & alternative use

CMM2* · Commerce, CA
Top alternative use upside
Auto repair, garage $16.5M +124.1%
Medical building $13.8M +87.8%
Neighborhood: shopping center $12.9M +74.6%

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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