For Sale
$5,100,000

2121 Yates Ave Commerce, CA 90040

19,222 SF Warehouse w/ Cold Storage

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 19,222-square-foot industrial property, located at 2121 Yates Avenue in Commerce, California, presents a compelling investment opportunity. The property, built in 1956 and situated on a 0.81-acre lot (APN 6336-003-042), is zoned CMM2*. It boasts 3,000 square feet of refrigerated/cold storage space, perfectly complementing the substantial warehouse area. Four dock-high doors facilitate efficient loading and unloading. The warehouse features an impressive 18-foot ceiling height. Currently 100% occupied by Solfi International under a lease expiring December 30, 2025, this property offers strong, immediate cash flow. The layout is adaptable, easily accommodating multiple tenants, providing flexibility for future expansion or rental income generation. Its strategic location in the infill Los Angeles market offers convenient access to major freeways (5, 710, 60, and 605), and potential for rail access further enhances its logistical advantages. The asking price is $5,100,000, translating to $265 per square foot. This property is an ideal acquisition for both investors seeking stable returns and owner-users looking for a well-located, functional industrial space.

Highlights

  • 19,222 SF industrial property on a 0.81-acre lot in Commerce, CA (APN 6336-003-042).
  • Zoned CMM2*, built in 1956, featuring 3,000 SF of refrigerated space and four dock-high doors.
  • 18-foot ceiling height, currently 100% occupied with lease expiring December 30, 2025.
  • Excellent location with freeway access (5, 710, 60, 605) and potential rail access; asking price: $5,100,000 ($265/SF).

Property Details for 2121 Yates Ave

Property type
Refrigeration & cold storage, Warehouses
Square Feet
19,222 SF
Year Built
1956
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
34.0023867
Longitude
-118.1302856

FAQs

What type of property is this?
Refrigeration & cold storage - 19,222 SF Warehouse w/ Cold Storage
Where is the refrigeration & cold storage located?
The property is located at 2121 Yates Ave Commerce, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 19,222 SF industrial property on a 0.81-acre lot in Commerce, CA (APN 6336-003-042).; Zoned CMM2*, built in 1956, featuring 3,000 SF of refrigerated space and four dock-high doors.; 18-foot ceiling height, currently 100% occupied with lease expiring December 30, 2025.
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2121 Yates Ave
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