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5913 Greenwood Avenue, Commerce, CA 90040

$2,700,000 Approx. USD 24 beds, 12 baths
10,767 sqft

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Photo of Bill Starling

Marketed By Bill Starling REALTOR® - Broker Associate 619-807-8773 m
619-284-3113 o
858-284-2392 f
Lic#: 00678477
NRDS ID: 196505998
bstarling@bhhscal.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100

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Listing Agent

Shant Sherbetdjian | ss@remaxcir.com
Lic#: 01713570
Broker: Courtesy of Remax Commercial and Investment Realty
Phone: 626-657-8150

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26701411

List price is $2,700,000 Reduced by $300,000 on 6/16/2026

Price: $2,700,000

Beds: 24

Baths: 12

Built in 1965

10,767 sqft

1 story

0.26 acres

Lot size: 0.2639

County: Los Angeles

Zoning: CMR3*

Parking description: Covered,Garage

MLS area: T3 - Bell Gardens, Bell E of 710, Commerce S of 26

Last Updated: 6/16/2026

Days On Market (DOM): 94

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This listing belongs to the T3 - Bell Gardens, Bell E of 710, Commerce S of 26 MLS area

Lat/Long: 33.975427, -118.131702.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Previous Listing

Photo of Bill Starling

Bill Starling REALTOR® - Broker Associate 619-807-8773 m
619-284-3113 o
858-284-2392 f
Lic#: 00678477
NRDS ID: 196505998
bstarling@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108