5913 Greenwood Avenue, Commerce, CA 90040

$2,700,000

$2,700,000

Est.Price: ?

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Est. payment /mo

10,767 SqFt


SOLD DATE : 08/11/2026

Key Details

Sold Price $2,700,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,767 sqft

Price per Sqft $250

MLS Listing ID CL26701411

Sold Date 08/11/26

HOA Y/N No

Year Built 1965

Lot Size 0.264 Acres

Acres 0.2639

Property Sub-Type Other

Property Description

PRICE REDUCED $300,000 ! 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 6.51% cap rate and 10.25 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

Zoning CMR3*

Interior

Fireplace No

Laundry Laundry Room

Building

New Construction No

Others

Tax ID 6357013008

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Bridge MLS
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with EnriqueViramontes

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