5910 Washington BlvdCommerce, CA 90040

  • Warehouses
  • 1,875 SF

Property Details for 5910 Washington Blvd

Year built
1961
Construction
TILT-UP CONCRETE
Lot size
0.06 AC
Property size (Sq ft)
1,875 SF
Zone code
CMM1*
Property type
Warehouses
APN
6334-017-004
APU
6334017004

Description

This exceptional 2,250 square foot industrial warehouse, situated on a 0.08-acre lot at 5910 Washington Boulevard in Commerce, CA, presents a compelling investment opportunity. Priced at $850,000, the property offers attractive financing options with seller financing available: 50% down payment, 10-year amortized term at a 6% interest rate. The warehouse boasts a 16-foot clear height, ideal for efficient storage and operations. A significant advantage is its direct access to the 5 Freeway, ensuring convenient transportation and logistics. The property includes 400 square feet of dedicated office space, complete with a reception area and drop ceilings, providing a professional and functional workspace. Additional features include central air and heating, secure storage, abundant natural light, and a private fenced yard, enhancing both security and usability. Delivered in "spec" condition, this turnkey warehouse is ready for immediate occupancy, minimizing setup time and maximizing operational efficiency. The combination of location, features, and financing makes this an exceptional opportunity for businesses seeking a high-quality industrial space in a desirable Commerce, CA location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,143,030
    6.5%
    $1,055,100
    7%
    $979,737
  • Comparable approach

    Method
    Valuation
    Relative Method
    $570,480
    Geo Method
    $570,480
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $551,690
    Mixed-Use / Specialty
    $558,107
    Hospitality / Lodging
    $420,381
    Office
    $563,524
    Institutional / Educational
    $583,202
    Residential Income
    $682,347
    Multifamily
    $771,891
    Automotive / Energy
    $499,888
    Parking / Income-Based Land
    $164,222
    Restaurant / Food Service
    $308,168
    Healthcare / Senior Housing
    $563,730

Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
33.9972
Longitude
-118.151
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
$4,574
$165,000
$185,000
$350,000
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-
-
-

FAQs

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