Commerce home and condo appraisals for estates, trusts, and taxes
Small residential pockets within a major rail, freight, and manufacturing center
Commerce, incorporated in 1960, is primarily an industrial and distribution city, with a major rail yard, warehouses, and retail along the Santa Ana Freeway and only a modest base of homes. When a family house here passes through an estate or a divorce, the central question is usually how a small home near industry compares with homes in nearby residential communities.
- Location
- Commerce is an incorporated city in the Gateway Cities region of Los Angeles County
- ZIP codes
- 90040, 90022, 90023
- Properties
- Single-family homes and condominiums
- Fees
- $449 Standard Desktop, $299 Basic Desktop
- Delivery
- 3+ business days
Homes in Commerce
Housing is concentrated in a few neighborhoods that took shape before incorporation, including Bandini and Rosewood, where residents joined with industrial leaders in the late 1940s to promote the area. The stock combines modest single-family houses with duplexes and small apartment buildings. New residential construction has been limited by the city's industrial land pattern, so the inventory of homes changes slowly.
What moves value in Commerce
With few sales in any given year, Commerce rarely supplies enough comparables on its own, so appraisals typically draw on East Los Angeles, Montebello, Bell Gardens, and Downey as well. Buyers weigh freeway and Metrolink convenience against truck traffic, rail activity, and industrial neighbors. Homes on interior residential blocks generally compare more favorably than those facing industrial frontage.
Neighborhoods and tracts
- Bandini
- Rosewood
- Laguna
- Veterans Park
- Rosini
Local reference points: Citadel Outlets, set in the 1929 Samson Tire and Rubber factory with its Assyrian-inspired facade, the Commerce Casino, Rosewood Park and its Aquatorium, and the Commerce Metrolink station are the city's most recognizable sites.
Appraisal considerations in Commerce
External obsolescence from rail operations, freight corridors, and the Santa Ana and Long Beach freeways is the central issue, and we measure it with paired sales where possible. Some homes sit next to commercial or industrial zoning, so we confirm the parcel's zoning and whether the residential use is conforming. Limited sales volume often requires an expanded search area and time adjustments, which the report explains.
There are so few home sales in Commerce; how do you support a date-of-death value?
We widen the search to similar homes in adjacent communities and adjust for location, size, and condition, documenting why each comparable was selected. When older sales are needed, we apply market-condition adjustments supported by area trends. The result is a value that holds up to review even when the local sample is thin.
Reports we prepare for Commerce properties
Each is a certified desktop appraisal of a single-family home or condominium, as of a current or past date.
- Date-of-Death Appraisals
- Step-Up in Basis Appraisals
- Trust Administration Appraisals
- Estate Settlement & Estate Tax Appraisals
- Gift Tax Appraisals
- Prop 19 Parent-Child Transfer Appraisals
- Divorce & Date-of-Separation Appraisals
- Family Sale & Co-Owner Buyout Appraisals
- Retrospective Appraisals
Reviewed November 2026.
Need a value for a Commerce property?
Send the address and the date the value is needed for. We confirm the property and the fee within one business day; the report is delivered in 3+ business days.