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Investment Highlights

  • Located in the City of Commerce | Excellent investment opportunity for buyers seeking strong in-place income with additional upside employment market
  • Strong in-place metrics, including a 5.74% cap rate and 11.39 GRM | Compelling value-add opportunity with potential for multiple ADU conversions
  • With convenient access to the 5, 710, 60, and 605 freeways, and subject only to AB 1482 with no local rent control
  • Featuring a desirable unit mix of spacious 2-bedroom, 1-bath units, each averaging approximately 900 square feet, appealing to a wide tenant base
  • Separate metering for gas and electricity, a completed SB 721 balcony inspection report, and a location within a high-demand rental pocket
  • This property offers a rare combination of stable cash flow, functional unit layouts, and long-term upside potential

Executive Summary

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.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $261,060 $24.25
Other Income $2,400 $0.22
Vacancy Loss $7,904 $0.73
Effective Gross Income $255,556 $23.74
Taxes - -
Operating Expenses - -
Total Expenses $83,261 $7.73
Net Operating Income $172,295 $16.00

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $261,060
Annual Per SF $24.25
Other Income
Annual $2,400
Annual Per SF $0.22
Vacancy Loss
Annual $7,904
Annual Per SF $0.73
Effective Gross Income
Annual $255,556
Annual Per SF $23.74
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $83,261
Annual Per SF $7.73
Net Operating Income
Annual $172,295
Annual Per SF $16.00

Property Facts

Price $3,000,000
Price Per Unit $250,000
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 10,767 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 1.11/1,000 SF
Opportunity Zone Yes
Zoning CMR3*

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 $1,813 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
6357-013-008
Land Assessment
$600,920
Improvements Assessment
$1,802,770
Total Assessment
$2,403,690
  • Listing ID: 40160315

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: 5913 Greenwood Ave, Commerce, CA 90040

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