2122 Atlantic BlvdCommerce, CA 90040

  • Mixed-use properties
  • 1,350 SF
For Sale

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
Mixed-use properties
Property subtype
Other investment 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2122 Atlantic Blvd, Commerce, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,214
$285,464
$123,099
$408,563
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-
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FAQs

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