5913 Greenwood Ave, Commerce, CA 90040
5913 Greenwood Ave, Commerce, CA 90040
5913 Greenwood Ave, Commerce, CA 90040
19
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$3,000,000
Est. payment /mo
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24 Beds
12 Baths
10,767 SqFt
New

5913 Greenwood Ave Commerce, CA 90040

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,767 sqft

Price per Sqft $278

MLS Listing ID 26701411

Bedrooms 24

Year Built 1965

Lot Size 0.264 Acres

Acres 0.2639

Property Sub-Type Multi-Family

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 Bell Gardens, Bell E Of 710, Commerce S Of 26Th

Zoning CMR3*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall Unit(s)

Equipment Other

Laundry Room

Exterior

Parking Features Covered Parking, Garage

Garage Spaces 12.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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5913 Greenwood Ave