Active

5913 Greenwood Avenue

Commerce, CA 90040

$3,000,000 $12,648/Mo

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Overview

Bed

Bath

10,767

Sqft

11,494

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $3,000,000

AD Id : 77024637

MLS Id : 26701411

Beds : 24

Lot Size : 11,494 Sqft

Living Area Size : 10,767

Year Built : 1965

Garage : 3

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 24

Bathroom Information

Total Baths: 12 Full Baths: 0 Half Baths: 0

Building Information

Year Built: 1965 Building Area Total: 10,767
Laundry Features

Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2639
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 11494

Listing Price Information

Original List Price: 3,000,000 Listing Contract Date: 2026-04-13
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6357013008

Garage and Parking

Garage Description: Covered,Garage

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: T3 - Bell Gardens, Bell E of 710, Commerce S of 26 Directions: 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 Zoning: CMR3* Source Property Type: Residential Income Area: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Building and Construction

Property Age: 61 Year Built Source: Vendor Enhanced Total Square Feet Living: 10767 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2153 Fitzgerald, Commerce, CA, 90040	$649,000	2	1	838	838 SqFt
2231 Fitzgerald, Commerce, CA, 90040	$645,000	2	1	942	942 SqFt
5026 Quigley Street, Commerce, CA, 90040	$709,000	3	1	1,158	1,158 SqFt

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ByOwner last updated this listing 06/12/2026 @ 08:41

MLS: 26701411 LISTED BY: Shant Sherbetdjian, Remax Commercial and Investment Realty 213-817-1000 SOURCE: CRMLS