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6014 Ferguson Drive, Commerce, CA 90022
Priced at Only: $1,582,555
For more Information Call Mobile: 714.478.6676
Address: 6014 Ferguson Drive, Commerce, CA 90022
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  • MLS#: 25623119 ( )
  • Street Address: 6014 Ferguson Drive
  • Viewed: 3
  • Price: $1,582,555
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1993
  • Bldg sqft: 0
  • Days On Market: 20
  • Additional Information
  • County: LOS ANGELES
  • City: Commerce
  • Zipcode: 90022
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Shant Shant
  • California Regional MLS IDX
  • DMCA Notice
  • 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***
Features
Building Area Total
  1. 4517.00
Cooling
  1. Central Air
Country
  1. US
Garage Spaces
  1. 10.00
Laundry Features
  1. Individual Room
Levels
  1. Two
Lockboxtype
  1. None
Netoperatingincome
  1. 87272.00
Parcel Number
  1. 6338036009
Parking Features
  1. Garage - Two Door
  2. Uncovered
Postalcodeplus4
  1. 4263
Sourcesystemkey
  1. 25623119:CLAW
Totalexpenses
  1. 50499.00
Uncovered Spaces
  1. 2.00
Vacancyallowance
  1. 4261
Year Built
  1. 1993
Zoning
  1. CMR3YY
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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