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5913 Greenwood Ave
Commerce, CA 90040

$3,000,000 USD

Apartments For Sale  •  15,083 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,083 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1965
  • Zoning CMR3*
40 Transit Score
40 Walk Score

Highlights

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

Financial Summary (Actual)

Net Operating Income: $172,295 USD (2025)
Total Expenses: $83,261 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Walking/Biking Trails
  • Kitchen
  • Oven
  • Range
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
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)) 7 min - 3.1 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 24 min - 16.3 mi
Los Angeles International 31 min - 21.6 mi
Bob Hope 34 min - 25.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Shant Sherbetdjian 626-657-8150 RE/MAX Commercial & Investment Realty
Shant Sherbetdjian 626-657-8150 RE/MAX Commercial & Investment Realty