5913 Greenwood Avenue, Commerce, CA 90040

Commerce
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
5913 Greenwood Avenue,Commerce, CA 90040
$2,700,000
  • 24 Beds
  • 12 Baths
  • 10,767 sq. ft.
  • Multi-family
  • Active
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:26701411
Source:CRMLS

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$250.77

About this home

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,...

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Home facts

  • Year built:1965
  • Listing ID #:26701411
  • Added:102 day(s) ago
  • Updated:July 25, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:12
  • Living area:10,767 sq. ft.

Structure and exterior

  • Year built:1965
  • Building area:10,767 sq. ft.
  • Lot area:0.26 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$250.77

Parking

  • Total parking spaces:12
  • Parking description:Covered, Garage
  • Garage:Yes
  • Garage spaces:3
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