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Listed by: Shant Sherbetdjian (626) 657-8150 DRE #01713570 | Remax Commercial and Investment Realty (213) 817-1000
$2,700,000
Monthly Est:$13,439
24 Beds
12 Baths
10,767sqft
5913 Greenwood Ave, Commerce, CA 90040
$2,700,000
$13,439/moEst:
Get Pre-Approved
Multi Family
Built in 1965
$-- HOA
11,494 sqft lot
$251/sq.ft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: July 29, 2026 at 4:23 pm
- Source: California Regional MLS-CA | MLS#: 26701411
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
10,767 sqft
Lot Size
11,494 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26701411
MLS Status
Pending
Days on Market
178
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 12
Utilities & Energy
Laundry Features
Laundry Room
Parking Features
Covered, Garage
Price History
| Date | Event | Price |
|---|---|---|
07/29/2026 Source: | Pending | $2,700,000 $251/sqft |
06/16/2026 Source: | Price Decreased | $2,700,000 -10.00% $251/sqft |
04/13/2026 Source: | Listed for Sale | $3,000,000 $279/sqft |
Find Homes by Property Features in Commerce, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 09:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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