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    12-Unit Apartment Building Title is generated by Realmo AI

    5913 Greenwood Ave, Commerce, CA 90040

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    Claim this Listing
    For Sale
    $2,700,000

    MULTI_FAMILY - Commerce, CA

    Property size:
    10,767 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $250/SF
    Added:
    Apr 13, 2026
    Days on Market:
    80
    Last Refresh:
    Jul 1 at 10:06 am

    Property Features for 5913 Greenwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    CMR3*
    Bedrooms
    24
    Bathrooms
    12
    Rooms
    Bedroom 8, Bedroom 3, Bedroom 21, Bathroom 5, Bathroom 6, Bathroom 12, Bathroom 8, Bedroom 6, Bedroom 24, Bedroom 12, Bedroom 11, Bathroom 10, Bathroom 11, Bedroom 16, Laundry Room, Bedroom 23, Bedroom 9, Bedroom 13, Bedroom 4, Bedroom 17, Bathroom 7, Bathroom 2, Bedroom 19, Bedroom 14, Bedroom 22, Bedroom 10, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 15, Bedroom 20, Bathroom 9, Bedroom 18, Bedroom 2
    Parking
    12
    Parking features
    Garage, Covered
    Standard status
    Active
    APN
    6357-013-008
    Size
    10,767 SF
    Lot size
    0.26 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    12

    We can help!

    Contact an agent
    Shant Sherbetdjian

    Listing agent Shant Sherbetdjian License #01713570

    Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA

    Listing date Apr 13, 2026

    MLS# 26701411 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12‑unit multifamily property offered as Property 6 of 6 in a 47‑unit portfolio (properties can be purchased individually).
    • Unit mix of spacious 2‑bedroom, 1‑bath units, each averaging approximately 900 SF.
    • In‑place performance metrics include a 6.51% cap rate and 10.25 GRM.
    • Separate metering for gas and electricity.
    • SB 721 balcony inspection report completed.
    • Cooling: wall unit(s); parking features include garage and covered parking.

    Overview

    This is a 12-unit apartment building configured with spacious 2-bedroom, 1-bath units, each averaging approximately 900 square feet. The property is part of a 6-property, 47-unit portfolio available as an individual purchase or with the broader group. Additional operational details include separate metering for gas and electricity, and a completed SB 721 balcony inspection report.

    The building is located in the City of Commerce in Los Angeles County, CA. Access is supported by convenient proximity to the 5, 710, 60, and 605 freeways. The listing notes the property is subject only to AB 1482 and states there is no local rent control.

    For tenants, the unit mix is designed to appeal to a broad rental base seeking 2-bedroom layouts. For buyers, the asset offers a straightforward in-place operating setup supported by the reported metrics in the offering and highlights a potential path for multiple ADU conversions, subject to applicable approvals. The property was described as being offered for the first time in over 11 years, and the portfolio structure provides flexibility for investors evaluating standalone ownership or a larger combined acquisition.

    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 (±1% cap)
    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 (±1% cap)
    NOI $403,523 @ 7.0% cap · market cap 14.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Los Angeles
    State
    California
    Longitude
    -118.131702
    Latitude
    33.975427

    FAQs

    What type of property is this?
    Apartment building - Well-kept 12-unit apartment building with 2-bedroom, 1-bath layouts and separate gas and electric metering.
    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‑unit multifamily property offered as Property 6 of 6 in a 47‑unit portfolio (properties can be purchased individually).; Unit mix of spacious 2‑bedroom, 1‑bath units, each averaging approximately 900 SF.; In‑place performance metrics include a 6.51% cap rate and 10.25 GRM.
    More about this property
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