2122 Atlantic BlvdCommerce, CA 90040

Property Details for 2122 Atlantic Blvd

Year built

1957

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

1,350 SF

Zone code

CMC2*

Property type

Investment properties

Property subtype

Retail residential properties

APN

6335-002-011

APU

6335002011

Description

This exceptional 1,350-square-foot industrial property, located at 2122 S Atlantic Boulevard in Commerce, California, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this building boasts excellent visibility due to its convenient location just off the 5 Freeway, north of the 710 Freeway, ensuring easy access for both employees and clients. The property features a paved and gated yard, providing secure storage and operational space. The asking price of $599,000 reflects a competitive market value, making this an attractive proposition for buyers seeking a well-located industrial space in a thriving area. The building's size and features make it suitable for a variety of industrial uses, offering potential for immediate occupancy or customization to meet specific business needs. The secure gated yard adds an extra layer of security and peace of mind. Its prime location near major freeways offers unparalleled accessibility and connectivity, making it an ideal choice for businesses requiring efficient transportation links. This property is priced to sell and represents a strong investment opportunity in a desirable commercial area. Serious inquiries are encouraged to explore this exceptional offering further. Don't miss this chance to acquire a well-maintained industrial property in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $480,918

  6.5%

  $443,924

  7%

  $412,215

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,910

  Geo Method

  $397,910

• Alternative Use

  Use

  Valuation

  Residential

  $443,924

  Hospitality

  $406,632

  Educational

  $338,313

  Medical

  $349,948

  Retail

  $526,265

Location Insight

City

Commerce

County

Los Angeles

State

California

Latitude

34.0074

Longitude

-118.161

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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