Presented for the first time on the market by the original builder, this exceptionally maintained 6-unit property, constructed in 1993, offers a rare blend of long-term stability and value-add potential in the highly sought-after City of Commerce. An investor's dream, operating at a 5.51% Cap Rate and and 11.14 GRM on Current Rents. The building features five spacious 2-bedroom, 1-bath units along with one non-conforming studio, with several units offering private balconies and all benefiting from gated access, garage parking, individual water heaters, and separate gas and electric meters. Tenant retention is truly unparalleled, with the same residents occupying each of the 2-bedroom units since the property was built. Ideally situated near local shops, schools, parks, and with convenient access to the 5, 60, 101, and 710 freeways, the location supports strong rental demand. Additionally, the existing unpermitted studio presents an excellent opportunity for investors to add value by converting the space into a legalized ADU. The property is located within the City of Commerce and is subject to statewide AB-1482 rent regulations, allowing for an approximate 8% annual increase. This is a unique chance to acquire a pride-of-ownership asset with both stability and future upside.***CHECK OUT THE PROPERTY VIDEO***
***ONE UNIT IS VACANT!!! This rare triplex investment opportunity sits on a generous 6,400 sq. ft. lot, offering three separate units, each featuring 1 bedroom and 1 bathroom. Perfect for investors or owner-users, this property provides steady rental income potential with room to enhance value. The lot size offers ample space for parking or possible future development (buyer to verify with city). Conveniently located near major freeways, shopping centers, dining, schools, and just minutes from Downtown Los Angeles, this property combines accessibility with long-term upside. Whether you’re looking to expand your investment portfolio or secure a property with multiple income streams, this Commerce triplex is a must-see!
Come see this great investment opportunity! This fourplex boasts three separate homes on a spacious lot with further potential to build additional units. The front home is a classic California bungalow with 2 bedrooms and 1 bath. The back home is currently used as a 2-bedroom, 1-bath residence. This property will make a solid addition to your real estate portfolio and has significant fixer-up potential. Two units have new roofs, and two units have new bathrooms. Just minutes away from the renowned Commerce Casino, offering entertainment options and a vibrant nightlife for residents. Enjoy easy access to shopping centers, including the famous Citadel Outlets, parks, and recreational facilities that enhance the living experience in Commerce. This four-unit property represents a remarkable investment opportunity for investors looking to benefit from the growing rental market in Commerce, CA. With four units, you can expect reliable cash flow and the potential for appreciation in this thriving community. Don’t miss out on this chance to add a valuable asset to your portfolio. Schedule a viewing today and explore the full potential this property has to offer!
Commerce is located in California. Commerce, California has a population of 12,459. Commerce is more family-centric than the surrounding county with 34.72% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Commerce, California is $58,226. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Commerce is 37.6 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 14.9 inches per year, with 0 inches of snow per year.
