
Commerce, California 90040
This Residential Income Quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,200,000, aligning strategically with its $1,200,000 Fair Market Value. While the property maintains a Condition Rating of 4 reflecting its 1946 origins, the value is anchored by an expansive 14,777 sqft Lot and 90% approved city permits for additional construction. Featuring four 2-bedroom units with private yards and garages, the asset ensures strong rental demand. This is a premier acquisition for Buy-and-Hold Investors or Developers looking to capitalize on significant expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5714 Jillson Subject | $1,200,000* List Price | 0 | 0 | 3,175 | $378 | - |
A 5700 Jillson Pending | $1,475,000 List Price | 0 | 0 | 3,175 | $465 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, this property is an aged but functional multi-unit investment. While the listing reports stable rental income, the exterior images show dated architectural features, older windows, and cracked concrete surfaces. The absence of interior photos, combined with the listing's emphasis on 'aging infrastructure' and future development potential, indicates that the kitchens, bathrooms, and major systems are likely outdated and require modernization to meet current market standards.
The property sits on an expansive 14,777 sqft lot with approximately 90% of city permits already approved for additional construction, offering a rare value-add opportunity for investors.
Each unit features its own private yard space and dedicated garage parking, premium amenities that significantly increase rental desirability and long-term tenant retention.
Located in the sought-after City of Commerce with immediate access to major freeways and local amenities, the property is ideally positioned for strong rental demand and capital appreciation.
With an original build date of 1946, the property may require substantial capital expenditure for modernizing major systems such as plumbing, electrical, and roofing.
The property is currently in 'Pending' status, suggesting a highly competitive environment that may limit negotiation leverage for backup offers or new interested parties.
********* BACK ON THE MARKET!! BACK THE MARKET********* Execeptional investment opportunity in the City of Commerce featuring quadplexes on separate parcels, offering strong income potential and future development possibilities. Each property consists of well-designed 2-bedroom, 1-bath units, all with their own private yard space, providing added privacy and tenant appeal. The properties include dedicated garage spaces and additional parking, enhancing convenience for residents and increasing rental desirability. Ideal for both investors and owner-operators, this rare offering combines stable current income with significant upside. The owner has secured approximately 90% of permits approved by the city toward additional future construction, presenting a unique opportunity for expansion and value growth with a 14777 Lot. Located in a prime area with easy access to major freeways, shopping, and local amenities, these properties are positioned for long-term appreciation and strong rental demand. Don’t miss this chance to acquire a versatile multi-unit investment with development potential in a sought-after City of Commerce location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,175 | 3,099 | 50% |
| Lot Size | 14,777 | 13,378.5 | 50% |
| Price | $1.20M | $900.0K | 75% |
| Price per sq ft | $378 | $318 | 75% |
| Built year | 1946 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 115 | 50% |
Apr 3, 2026
$1,200,000
$1,475,000
-19% Price Drop
Initial Listing
Jan 30, 2026
$1,475,000
Initial Listing
Jan 2, 2024
$550,000
Public Record