Seller's Agent in 2026
Shant Sherbetdjian
RE/MAX
(626) 657-8135
2 in this area
60 Total Sales
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***
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01713570 Listed on: 12/01/2025
Last Buyer's Agent
Remax Commercial and Investment Realty License #01713570 Listed on: 12/01/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Sold | $1,500,000 | -5.2% | $332 / Sq Ft |
| 01/22/2026 01/22/26 | Pending | -- | -- | -- |
| 12/01/2025 12/01/25 | For Sale | $1,582,555 | -- | $350 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,685 | $694,546 | $259,405 | $435,141 |
| 2024 | $9,685 | $680,928 | $254,319 | $426,609 |
| 2023 | $9,697 | $667,578 | $249,333 | $418,245 |
| 2022 | $9,388 | $654,490 | $244,445 | $410,045 |
| 2021 | $9,075 | $641,657 | $239,652 | $402,005 |
| 2019 | $8,754 | $622,627 | $232,545 | $390,082 |
| 2018 | $8,787 | $610,420 | $227,986 | $382,434 |
| 2016 | $8,349 | $586,719 | $219,134 | $367,585 |
| 2015 | $7,883 | $577,907 | $215,843 | $362,064 |
| 2014 | $7,806 | $566,587 | $211,615 | $354,972 |
Seller's Agent in 2026
Shant Sherbetdjian
RE/MAX
(626) 657-8135
2 in this area
60 Total Sales
Source: The MLS
MLS Number: 25623119