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 5.74% cap rate and 11.39 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.
Investment opportunity located at 6260 Ferguson Dr. in the City of Commerce, CA (90022). This 12-unit property is well-maintained and currently fully occupied by long-term tenants. The composition of the units includes: - Two Single Family Residences: one 2-bedroom, 1-bathroom and one 2-bedroom, 2-bathroom. - One Duplex: featuring two 2-bedroom, 1-bathroom units. - One 8-Unit Building: consisting of 2-bedroom, 1-bathroom units. All units include assigned parking. Given the current occupancy and the condition of the property, there is significant potential for increasing rental???????????????????????????????????????? income.
Ideal for 1031 exchange buyer or owner-occupied. Cap rate is about 5.5~6%. Start earning rental income from day one with this tenant-occupied property. Solid 7200 monthly income with strong tenants!! All units are month to month lease. This is a DREAM property for an investor or occupant owner. This property is not located in LA rent control area, NOT RSO. The property has been managed & maintained by professional property management for the last 5 years. There are 3 DETACHED units on the property. Unit 1 is a 4/2. Unit 2 is a 2/1. Unit 3 is a 2/1. There is a 2 room storage unit on the property being used by the residents that could potentially be transformed into an ADU. Rents are all close to market. All tenant ledgers are available upon request. Estoppels can be signed by each resident as well. Unit 3 was completely renovated down to the studs in 2019. Roofs were redone in 2019. The lot size is at almost 6,500 sq ft. There is a long driveway capable of parking 6+ cars with plenty of open street parking at all times. Nearby attractions include Mariachi Plaza, LAC Hospital, USC Medical, Cal State LA, and the Metro Gold Line. In just minutes you can reach Downtown Los Angeles, Dodger Stadium, and Crypto Arena. The property also offers easy access to major freeways such as the 5, 60, 10, 710, and 110. Do not disturb tenants. All three units are occupied. The detached bonus 1bed 1 bath unit is vacant and previous rent is 1200. Don't miss the opportunity.!This is the house in the area that you can cover all your expense and payment with rental income and enjoy some positive cash flow!
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.
