5913 Greenwood Ave - Apartments FOR SALE


Commerce, CA 90040
$3,000,000 USD
626-657-8150
5913 Greenwood Ave, Commerce, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

5913 Greenwood Ave
Commerce, CA 90040


HIGHLIGHTS

  • Located in the City of Commerce | Excellent investment opportunity for buyers seeking strong in-place income with additional upside employment market
  • Featuring a desirable unit mix of spacious 2-bedroom, 1-bath units, each averaging approximately 900 square feet, appealing to a wide tenant base
  • Strong in-place metrics, including a 5.74% cap rate and 11.39 GRM | Compelling value-add opportunity with potential for multiple ADU conversions
  • Separate metering for gas and electricity, a completed SB 721 balcony inspection report, and a location within a high-demand rental pocket
  • 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

OVERVIEW

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. Situated in the City of Commerce, on Greenwood Ave, between E Gage Ave and E Slauson Ave, with the nearest cross street of Watcher St. All 12 units are occupied. Please do not walk on the property, do not disturb or engage tenants regarding the property. Drive by only, tenants are not aware of the sale, direct all questions to agent. *Laundry room machines (washer/dryer) are on a lease. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agent.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

12

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Units | City of Commerce | 6 of 6 Listings

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,494 SF

ZONING

CMR3*

APN/PARCEL ID

6357-013-008

ASK ABOUT THIS PROPERTY

Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
626-657-8150

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Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
626-657-8150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.