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, positioned near its $637,556 Fair Market Value. With a Condition Rating of 4, the property requires significant TLC, offering a prime canvas for customization and forced appreciation. The generous 5,043 sqft lot provides ample space for a potential ADU addition or home expansion to maximize the land's utility. Located in the Montebello Unified district near the Citadel Outlets, the property benefits from high local demand and central freeway access. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
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 | $761 | - |
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 moderate renovation needed.
Built in 1947, the home is 77 years old and explicitly described as needing 'TLC.' While the bathroom shows a modern renovation (likely <10 years) with updated tile and vanity, the 'drive-by only' status and investment-focused description suggest the kitchen and major systems likely require updates or minor repairs.
Conveniently situated near major local landmarks including the Citadel Outlets, Commerce Casino, and entertainment centers, offering high desirability for lifestyle and amenities.
As a property needing TLC, it presents a significant value-add opportunity for investors or homeowners looking to build equity through customization and renovation.
The 5,043 sqft lot provides ample space for potential home expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the utility of the land.
The property requires significant repairs and maintenance, which will necessitate additional immediate capital investment from the buyer.
The 'Drive By Only' restriction and presence of tenants complicate the due diligence process and may delay immediate possession for owner-occupants.
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 | 2.5 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 838 | 1,073 | 33% |
| Lot Size | 5,043 | 5,175.5 | 50% |
| Price | $649.0K | $725.0K | 17% |
| Price per sq ft | $774 | $703 | 67% |
| Built year | 1947 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 65 | 33% |
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