5900 Eastern AveCommerce, CA 90040
- Office properties
- 53,920 SF
Property Details for 5900 Eastern Ave
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 3.37 AC
- Property size (Sq ft)
- 53,920 SF
- Zone code
- CMM2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6332-015-033
- APU
- 6332015033
Description
This exceptional single-story office campus, situated at 5900 Eastern Avenue in Commerce, California, offers a unique opportunity for businesses seeking flexible and functional workspace. The property boasts a total of 54,219 square feet, spread across a 3.37-acre lot. Built in 1974 and renovated in 1987, the Class B building features attractive architectural details including a beautiful stacked stone exterior, designer paint colors, and chevron exterior wood accents. Three modern lobby entrances provide convenient access. The property is zoned M2, Commerce, and has a Los Angeles County APN of 6332-015-033. Currently, there are three available office spaces ranging in size from 535 square feet to 1,413 square feet, ideal for a variety of business needs. The property includes 100 parking spaces, ensuring ample convenience for employees and clients. The expansive layout presents significant potential for creative open spaces, particularly given the existing exposed ceilings. This location in Commerce, CA (zip code 90040) offers easy access to major transportation routes and is well-suited for businesses seeking a prominent presence in the Los Angeles County area. The property's combination of attractive aesthetics, functional design, and convenient location makes it an ideal investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,490,487
- 6.5%
- $14,298,911
- 7%
- $13,277,560
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,253,427
- Geo Method
- $10,253,427
-
Alternative Use
- Use
- Valuation
- Residential
- $17,730,650
- Hospitality
- $16,241,180
- Educational
- $13,512,471
- Medical
- $13,977,186
- Retail
- $21,019,400
Location Insight
- City
- Commerce
- County
- Los Angeles
- State
- California
- Latitude
- 33.9841
- Longitude
- -118.162
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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