Commerce, CA 90022,6014 Ferguson Dr
Commerce, CA 90022,6014 Ferguson Dr
Commerce, CA 90022,6014 Ferguson Dr
22
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$1,582,555
Est. payment /mo
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10 Beds
6 Baths
4,517 SqFt
Active

6014 Ferguson Dr Commerce, CA 90022

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,517 sqft

Price per Sqft $350

MLS Listing ID 25623119

Bedrooms 10

Year Built 1993

Lot Size 9,853 Sqft

Acres 0.2263

Property Sub-Type Multi-Family

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 East La

Zoning CMR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Central

Equipment Other

Laundry Room

Exterior

Parking Features Garage - 2 Car, Uncovered

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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Herman Singh

Herman Singh

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+1(718) 679-7822

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6014 Ferguson Dr