City of Commerce Apartment
5913 GREENWOOD AVE Commerce, CA 90040
5913 GREENWOOD AVE, Commerce, CA, 90040
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For Sale
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12-unit apartment building in the City of Commerce.
Property Size10,767 SF
Price / SF$250.77
Days on Market61
Property Features for 5913 GREENWOOD AVE
General Information
- Standard status
- Active
- Size
- 10,767 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency
RE/MAX Commercial & Investment Realty
(213) 817-1000
Listed by
Shant Sherbetdjian · License #CA 1713570
Source
Crexi
Added: May 18 Checked: Jul 16 at 2:59 am
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Investment Insights
Based on property information with market context.
This property features an apartment building containing 12 units located in the City of Commerce. The building has a total size of 10767 square feet. It can be classified as multifamily property and residential income property.
Key Highlights
- 12 Units offer a solid investment base.
- City of Commerce Location, a desirable area.
- Multifamily Investment Opportunity with great potential.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $342.4k | $31.80 |
| − Vacancy | −$27.4k | −$2.54 |
| EGI | $315.0k | $29.26 |
| − OpEx | −$141.7k | −$13.17 |
| NOI | $173.2k | $16.09 |
10,767 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.47M
$2.17M – $2.89M
NOI $173,250 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.76M
$5.04M – $6.73M
NOI $403,523 @ 7.0% cap · market cap 14.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 12-unit apartment building in the City of Commerce.
Where is this apartment building located?
The property is located at 5913 GREENWOOD AVE Commerce, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 12 Units offer a solid investment base.; City of Commerce Location, a desirable area.; Multifamily Investment Opportunity with great potential.
