2122 Atlantic BlvdCommerce, CA 90040
- Mixed-use properties
- 1,350 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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