CA > Commerce
Commerce, CA 90022,6014 Ferguson DR
Commerce, CA 90022,6014 Ferguson DR
Commerce, CA 90022,6014 Ferguson DR
Commerce, CA 90022,6014 Ferguson DR
Commerce, CA 90022,6014 Ferguson DR
Commerce, CA 90022,6014 Ferguson DR
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James Olvera

James Olvera

+1(909) 760-9091
$ 1,582,555
Est. payment | /mo

10 Beds

6 Baths

4,517 SqFt

Save
$ 1,582,555
Est. payment | /mo
Save

10 Beds

6 Baths

4,517 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,517 sqft

Price per Sqft $350

MLS Listing ID 25623119

Bedrooms 10

HOA Y/N No

Year Built 1993

Lot Size 9,853 Sqft

Property Description

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***

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning CMR3YY

Interior

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Door-Multi, Garage, Uncovered

Garage Spaces 10.0

Garage Description 10.0

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6338036009

Special Listing Condition Standard

CRMLS – RECore
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty

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