2201-2229 S Eastern Ave | Commerce, CA 90040
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2201-2229 S Eastern Ave
Commerce, CA 90040
Multifamily Property For Sale
·
36 Units
Investment Highlights
- First Time on the Market - Purchased From Developer
- Just Over $200k/u and Approximate 9% Cap Rate on Market Rents
- Majority Spacious 2 Bedroom Units with Gated Parking
- Situated on Major Thoroughfare with Substantial Frontage
Property Facts
| No. Units | 36 | Lot Size | 0.68 AC |
| Property Type | Multifamily | Building Size | 29,172 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Zoning | CMR3YY | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 29,172 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | CMR3YY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | $1,094 | 725 |
| 2+1 | 22 | $1,212 | 845 |
| 3+1 | 1 | $2,500 | 1,050 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,060,000 | |
| Land Assessment | $4,105,500 | Total Assessment | $7,165,500 |
Property Taxes
Parcel Numbers
Land Assessment
$4,105,500
Improvements Assessment
$3,060,000
Total Assessment
$7,165,500
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