Movoto Real Estate
Sold on 07/29/2026
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5913 Greenwood Ave, Commerce, CA 90040

$2,700,000

Last sold 07/29/2026 after 106 Days

  • 24

    bed

  • 12

    bath

  • 10,767

    Sqft ($251/Sqft)

Multi-family not for sale

About 5913 Greenwood Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 0.26 Acre
Parking 3 garage spaces
Property 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.
Listed by
Listing Agent - Shant Sherbetdjian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#26701411 • last updated 1 month ago
Movoto checked The MLS for data 27 minutes ago
Overview
Levels/Style One
MLS # 26701411
Type Residential Income
Status Sold
SqFt 10767
Lot Size (SqFt) 11494
Lot Size (Acres) 0.2639
Year Built 1965
Interior
Total # of Baths 12
Total # of Bedrooms 24
Laundry Lease
Exterior
# Garage Spaces 3
# Parking Spaces 12
Parking Desc Covered Parking, Garage
# Covered Parking Spaces 9
Add'l Structures None
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning CMR3*
APN 6357-013-008
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 27000
Unit 1: # Beds 2
Unit 1: Rent 1813
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 21755
Total # Of Buildings 1
Net Operating Income 175708
Annual Rent 261060
Cap Rate 6.51
Vacancy Amount (%) 3
Vacancy Rate None
Gross Income 263460
Gross Operating Income 255556
Gross Rent Multiplier 10.25
Total Annual Expenses 79849
Vacancy Amount ($) 7904
  • Aug 2026
    mls logo MLS # 26701411
  • Aug 11, 2026 Sold
    $2,700,000
  • Jul 29, 2026 Pending
    —
  • Jun 16, 2026 Price Change
    $2,700,000 (-10.0%)
  • Apr 13, 2026 Listed
    $3,000,000 (+50.0%)
  • Jun 2015
    Public Records
  • Jun 18, 2015 Sold
    $2,000,000 (+42.9%)
  • Oct 2013
    mls logo MLS # Y68869
  • Oct 10, 2013 Sold
    $1,400,000 (+1.8%)
  • Dec 18, 2006 Listed
    $1,499,777
  • May 2011
    Public Records
  • May 18, 2011 Sold
    $1,375,000 (-1.8%)
  • Jul 2007
    Public Records
  • Jul 30, 2007 Sold
    $1,400,000 (-6.7%)
  • Year Property taxes Tax assessment
  • 2024
    $30,608 -0.2%
    $2,356,560 +2.0%
  • 2023
    $30,660 +3.5%
    $2,310,354
  • 2022
    $29,620 +3.6%
    $2,310,354 +4.04%
  • 2021
    $28,585 +0.7%
    $2,220,642
  • 2020
    $28,383
    $2,220,642
  • 5913 Greenwood Ave
    $2.7M
  • Commerce
    $643K -9% y/y
  • 90040
    $529K +1% y/y
  • Commerce
    $539K +2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Commerce
  • 90040
  • 5913 Greenwood Ave
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