1441 S Sydney Drive, Commerce, CA 90040

About this property

We are pleased to exclusively offer for sale this 6 unit multi-family investment located in the city of Commerce. The subject property is comprised of 2(2Bed/1Bath) units & 4(1Bed/1Bath) units for a total rentable square footage of 3,692. Tenants have access to covered car-port as well as open space parking. In 2020 the subject property was completely re-piped with copper plumbing and new ABS drains were installed. Tenants pay for electricity and gas while the owner pays for water and trash. All tenants are current on rental payments. The property is ideally situated minutes to Downtown LA, in a tightly occupied rental area, and offers significant upside in rental income for the next investor.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,270,000

Sold May 2023 · listed $1,350,000, on market February 2023 · MLS #CV23031162 · Source: CRMLS

Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Omar Najera · Re/max Society

$1,125,000

Sold September 2022 · listed $1,050,000, on market August 2022 · MLS #CV22182742 · Source: CRMLS

Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 REALTY · Contact: 626-956-0188 · Bought with: KRISTOPHER GERMAN · RE/MAX 2000 REALTY

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