5701 Eastern AveCommerce, CA 90040

  • Office properties
  • 145,586 SF
For Lease

Property Details for 5701 Eastern Ave

Year built
1982
Construction
CONCRETE
Lot size
5.36 AC
Property size (Sq ft)
145,586 SF
Zone code
CMM2*
Property type
Office properties
Property subtype
Office buildings
APN
6332-003-020
APU
6332003020

Description

This exceptional 1,227-square-foot executive office suite is ideally located at 5701 S Eastern Ave in Commerce, California, within Los Angeles County. The property is a single-tenant space, offering complete privacy and control. The entire 1,227 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready space. The building offers a convenient parking ratio of four spaces per 1,000 square feet, ensuring ample parking for employees and clients. The property's classification as an "Executive Office" suggests a higher level of finish and amenities than standard office spaces. The address is 5701 S Eastern Ave, Commerce, CA 90040, providing easy access to major transportation routes within the Los Angeles metropolitan area. This single-tenant occupancy allows for customization and control over the space, making it perfect for a company seeking a dedicated and private workspace. The property is available for lease and represents a compelling opportunity for businesses seeking a well-located, modern, and efficient office environment in the thriving Commerce, California market. The zip code is 90040. The property is situated at latitude 33.9862711 and longitude -118.1631351.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $41,824,888
    6.5%
    $38,607,592
    7%
    $35,849,904
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,684,634
    Geo Method
    $27,684,634
  • Alternative Use

    Use
    Valuation
    Residential
    $47,873,412
    Hospitality
    $43,851,788
    Educational
    $36,484,172
    Medical
    $37,738,920
    Retail
    $56,753,156
5701 Eastern Ave, Commerce, California

Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
33.9868
Longitude
-118.163
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
$321,235
$6,433,212
$18,227,434
$24,660,646
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-
-
-

FAQs

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