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6 UNITS COMMERCE | 1993 BUILT 5.51% Cap Rate 6014 Ferguson Dr 6 Unit Apartment Building $1,582,555 ($263,759/Unit) 5.51% Cap Rate Commerce, CA 90022



INVESTMENT HIGHLIGHTS
- First Time Being Offered for Sale by Original Builder (Since Being Built in 1993)
- Newer Construction | Built in 1993 | Gated Entry | 2-Story Building | Balcony in Select Units
- Garage Parking | Water Heaters for Ea. Unit | Sep. Metered for Gas & Elec.
- FIVE Spacious 2 Bed + 1 Bath Units & ONE Non-Conforming Studio Unit
- Exceptional Tenant Stability: Same Tenants in the 2-Bedroom Units Since the Property Was Built
- Opportunity to Add-Value by Converting the Unpermitted Studio Unit to an ADU
EXECUTIVE SUMMARY
Presented for the first time on the market by the original builder, this exceptionally maintained 6-unit property, constructed in 1993, offers a rare blend of long-term stability and value-add potential in the highly sought-after City of Commerce. An investor's dream, operating at a 5.51% Cap Rate and and 11.14 GRM on Current Rents. The building features five spacious 2-bedroom, 1-bath units along with one non-conforming studio, with several units offering private balconies and all benefiting from gated access, garage parking, individual water heaters, and separate gas and electric meters. Tenant retention is truly unparalleled, with the same residents occupying each of the 2-bedroom units since the property was built. Ideally situated near local shops, schools, parks, and with convenient access to the 5, 60, 101, and 710 freeways, the location supports strong rental demand. Additionally, the existing unpermitted studio presents an excellent opportunity for investors to add value by converting the space into a legalized ADU. The property is located within the City of Commerce and is subject to statewide AB-1482 rent regulations, allowing for an approximate 8% annual increase. This is a unique chance to acquire a pride-of-ownership asset with both stability and future upside.***CHECK OUT THE PROPERTY VIDEO*** All 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. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the listing agent. All showings are subject to accepted offer, please include your Proof of Funds when sending offers.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$138,780
|
$30.72
|
| Other Income |
$3,252
|
$0.72
|
| Vacancy Loss |
$4,261
|
$0.94
|
| Effective Gross Income |
$137,771
|
$30.50
|
| Taxes |
$20,162
|
$4.46
|
| Operating Expenses |
$30,247
|
$6.70
|
| Total Expenses |
$50,409
|
$11.16
|
| Net Operating Income |
$87,362
|
$19.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $138,780 |
| Annual Per SF | $30.72 |
| Other Income | |
|---|---|
| Annual | $3,252 |
| Annual Per SF | $0.72 |
| Vacancy Loss | |
|---|---|
| Annual | $4,261 |
| Annual Per SF | $0.94 |
| Effective Gross Income | |
|---|---|
| Annual | $137,771 |
| Annual Per SF | $30.50 |
| Taxes | |
|---|---|
| Annual | $20,162 |
| Annual Per SF | $4.46 |
| Operating Expenses | |
|---|---|
| Annual | $30,247 |
| Annual Per SF | $6.70 |
| Total Expenses | |
|---|---|
| Annual | $50,409 |
| Annual Per SF | $11.16 |
| Net Operating Income | |
|---|---|
| Annual | $87,362 |
| Annual Per SF | $19.34 |
PROPERTY FACTS
| Price | $1,582,555 | Apartment Style | Low-Rise |
| Price Per Unit | $263,759 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.51% | Building Size | 4,517 SF |
| Gross Rent Multiplier | 11.14 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 2.66/1,000 SF |
| Zoning | CMR3YY | ||
| Price | $1,582,555 |
| Price Per Unit | $263,759 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| Gross Rent Multiplier | 11.14 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,517 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1993 |
| Parking Ratio | 2.66/1,000 SF |
| Zoning | CMR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,640 | - |
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 6338-036-009 | Total Assessment | $694,546 (2025) |
| Land Assessment | $259,405 (2025) | Annual Taxes | $20,162 ($4.46/SF) |
| Improvements Assessment | $435,141 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
6338-036-009
Land Assessment
$259,405 (2025)
Improvements Assessment
$435,141 (2025)
Total Assessment
$694,546 (2025)
Annual Taxes
$20,162 ($4.46/SF)
Tax Year
2024
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6 UNITS COMMERCE | 1993 BUILT 5.51% Cap Rate | 6014 Ferguson Dr
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