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$2,700,000
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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.
Full Property Details
Full Property Details for 5913 Greenwood Ave
General
- Sold For: $2,700,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26701411
- Added to Site: 140 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 24
Other Rooms
- Laundry: Room
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 9
- Garage Description: Covered Parking, Garage
Location
- Area: Bell Gardens, Bell E of 710, Commerce S of 26th
- County: Los Angeles
- Cross Streets: Between E Gage Ave and E Slauson Ave
- Driving 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
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 10,767
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1965
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2639
- Lot Size: 11494
- Lot Size Source: Vendor Enhanced
- Zoning: CMR3*
Financial Considerations
- Price Per Sq. Ft.: $250.77
- Assessment Year: 1965
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6357-013-008
Listed by Remax Commercial and Investment Realty, Shant Sherbetdjian
Sold by Remax Commercial and Investment Realty, Enrique Viramontes
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Schools
Schools serving 5913 Greenwood Ave
School District:Montebello Unified School District
| Name | Grades | Distance |
|---|---|---|
Rosewood Park School 2353 Commerce Way, Commerce, CA 90040 | 6-8 | 2.3 mi |
Bell Gardens High School 6119 Agra Street, Bell Gardens, CA 90201 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5913 Greenwood Ave
Date
Details
Price
Change
Source
8/11/2026
Sold
$2,700,000
—
MLS
6/16/2026
Price Reduced
$2,700,000
-10%
MLS
4/13/2026
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5913 Greenwood Ave, Commerce, CA 90040 (MLS# 26701411) is a Multi-Family property that was sold at $2,700,000 on August 11, 2026. Want to learn more about 5913 Greenwood Ave? Do you have questions about finding other Multi-Family real estate for sale in Commerce? You can browse all Commerce real estate or contact a Coldwell Banker agent to request more information.

