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$ 3,000,000
Est. payment /mo
Active
5913 Greenwood AVE Commerce, CA 90040
24 Beds
12 Baths
10,767 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,767 sqft
Price per Sqft $278
MLS Listing ID 26701411
Bedrooms 24
HOA Y/N No
Year Built 1965
Lot Size 0.264 Acres
Property Description
We're pleased to present for sale Property 6 of 6 in this exclusive multi-property portfolio. This 12-unit asset, located in the highly sought-after City of Commerce, offers an excellent investment opportunity for buyers seeking strong in-place income with additional upside in an employment-driven rental market. Offered for the first time in over 11 years, the property features a desirable unit mix of spacious 2-bedroom, 1-bath units, each averaging approximately 900 square feet, appealing to a wide tenant base. The asset presents a compelling value-add opportunity with potential for multiple ADU conversions, while current operations are supported by strong in-place metrics, including a 5.74% cap rate and 11.39 GRM. Additional highlights include separate metering for gas and electricity, a completed SB 721 balcony inspection report, and a location within a high-demand rental pocket characterized by consistent occupancy. With convenient access to the 5, 710, 60, and 605 freeways, and subject only to AB 1482 with no local rent control, this property offers a rare combination of stable cash flow, functional unit layouts, and long-term upside potential. As part of a 6-property, 47-unit portfolio, investors have the flexibility to acquire this asset individually or as part of a broader strategic investment. Properties do not have to be sold together. ** Check out the property video link.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning CMR3*
Interior
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Covered, Garage
Garage Spaces 3.0
Garage Description 3.0
Total Parking Spaces 12
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6357013008
Special Listing Condition Standard
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty #01713570