Apartments For Sale • 10,767 SF
| Located in the City of Commerce | Excellent investment opportunity for buyers seeking strong in-place income with additional upside employment market |
| Featuring a desirable unit mix of spacious 2-bedroom, 1-bath units, each averaging approximately 900 square feet, appealing to a wide tenant base |
| Strong in-place metrics, including a 5.74% cap rate and 11.39 GRM | Compelling value-add opportunity with potential for multiple ADU conversions |
| Separate metering for gas and electricity, a completed SB 721 balcony inspection report, and a location within a high-demand rental pocket |
| 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 |
| Total Expenses: | $83,261 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 4 min | - | 1.6 mi |
| Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 3.1 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 24 min | - | 16.3 mi |
| Los Angeles International | 31 min | - | 21.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 12 |
| Type: | Surface |
| Included in Rent: | Yes |