2153 Fitzgerald, Commerce, California 90040, Commerce, 90040 - 2 bed, 1 bath
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Commerce, California 90040
This Value-Add Residential Asset is listed at $649,000, currently positioned slightly above the $608,645 Fair Market Value. Featuring a Condition Rating of 5, the property requires a comprehensive interior rehabilitation to address deferred maintenance and unlock significant forced appreciation. The generous 5,043 square foot lot provides ample space for potential expansion or an ADU in a prime location near the Citadel Outlets and Montebello Unified schools. Given the restricted "drive-by only" access, this project represents a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on high demand in the Commerce market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2153 Fitzgerald Subject | $649,000* List Price | 2 | 1 | 838 | $726 | - |
A 2231 Fitzgerald Active | $660,000 List Price | 2 | 1 | 942 | $701 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (79 years old) with no recorded renovations to major systems, kitchen, or baths. The listing explicitly states the property 'needs TLC' and is 'drive-by only,' indicating significant deferred maintenance and the need for a full interior rehabilitation.
The property is ideally situated near major local attractions including the Citadel Outlets, Commerce Casino, and the Commerce Center Movie Theater, offering excellent lifestyle convenience.
As a home needing 'TLC,' this property presents a significant value-add opportunity for investors or buyers looking to build equity through customization and renovation.
The 5,043 square foot lot provides ample space for potential home expansion, the addition of an ADU, or the creation of a large private outdoor living area.
The home requires significant repairs and updates, which will necessitate additional capital investment and time from the buyer immediately after purchase.
The 'Drive By Only' status and presence of tenants limit the ability for thorough interior inspections, increasing the risk and complexity of the initial due diligence process.
2-bedroom, 1-bath home in a well-located Commerce neighborhood. Property needs TLC and is perfect for buyers looking to customize or invest. Conveniently located near Citadel Outlets, Commerce Casino & Hotel, and the Commerce Center Movie Theater for shopping, dining, and entertainment. Please do not bother tenants.Drive By Only. Contact listing agent for additional information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 838 | 1,026 | 40% |
| Lot Size | 5,043 | 5,043 | 50% |
| Price | $649.0K | $710.0K | 20% |
| Price per sq ft | $774 | $692 | 60% |
| Built year | 1947 | 1948 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 232 | 20% |
Apr 17, 2026
$649,000
Initial Listing
Oct 13, 2023
$645,000
Public Record
Dec 17, 2021
$500,000
Public Record
Jan 5, 2018
$62,000
Public Record