5913 Greenwood Avenue, Commerce, California 90040

  • $2,700,000
  • $3,000,000
5913 Greenwood Avenue, Commerce, CA 90040
Active
5913 Greenwood Avenue, Commerce, California 90040
5913 Greenwood Avenue, Commerce, CA 90040
  • $2,700,000
  • $3,000,000

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.

  • Address 5913 Greenwood Avenue
  • State/county CA
  • Zip/Postal Code 90040
  • Country US

Details

Updated on June 16, 2026 at 9:48 pm
  • Property ID: 26701411
  • Price: $2,700,000
  • Property Size: 10767 Sqft
  • Land Area: 0.2639 Acres
  • Bedrooms: 24
  • Bathrooms: 12
  • Garages: 3.0
  • Year Built: 1965
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Covered, Garage

Contact Information

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Hoyt Hochman

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