5100 Eastern AveCommerce, CA 90040

  • Office buildings
  • 46,457 SF

Property Details for 5100 Eastern Ave

Year built
1988
Construction
TILT-UP CONCRETE
Lot size
2.22 AC
Property size (Sq ft)
46,457 SF
Zone code
CMM2*
Property type
Office buildings
APN
6332-022-018
APU
6332022018

Description

This exceptional office space, located at 5100 S. Eastern Ave in Commerce, California, 90040, offers a variety of suite sizes ranging from 5,302 to 13,526 square feet. The property is part of the prestigious Commerce Office Park and boasts a convenient 4:1000 parking ratio, ensuring ample parking for tenants and their guests. The building's strategic location provides easy access to major freeways including the 710, 5, and 60, facilitating seamless commutes for employees and clients. A significant advantage is the immediate proximity to a vibrant food court featuring eight diverse restaurants, offering a wide array of dining options within walking distance. The property is classified as a traditional office space with multiple tenancy options available. The building also offers a usable outdoor campus environment, providing a pleasant and productive atmosphere for tenants. This central Commerce location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-quality, well-located office space. The property is situated at 33.9887255 latitude and -118.1606327 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,346,468
    6.5%
    $12,319,817
    7%
    $11,439,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,834,263
    Geo Method
    $8,834,263
  • Alternative Use

    Use
    Valuation
    Residential
    $15,276,573
    Hospitality
    $13,993,258
    Educational
    $11,642,227
    Medical
    $12,042,621
    Retail
    $18,110,130

Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
33.9886
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
$158,844
$6,367,248
$6,367,248
$12,734,496
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-
-
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FAQs

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