5900 Eastern AveCommerce, CA 90040

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $17,555,900

  6.5%

  $16,205,400

  7%

  $15,047,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,253,400

  Geo Method

  $10,253,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $30,341,900

  Retail / Commercial

  $15,865,100

  Mixed-Use / Specialty

  $16,049,700

  Hospitality / Lodging

  $12,089,000

  Institutional / Educational

  $16,771,300

  Residential Income

  $19,622,500

  Multifamily

  $22,197,500

  Automotive / Energy

  $14,375,400

  Parking / Income-Based Land

  $4,722,590

  Restaurant / Food Service

  $8,862,100

  Healthcare / Senior Housing

  $16,211,400

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

FAQs

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