Welcome home to this live in one and rent the other opportunity in the beautiful city of Maywood, CA! Main unit / house is 3/2 and smaller unit is 2/2, plenty of parking and close to all amenities. Call today to get a private tour before it's too late!
NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! We are proud to exclusively offer for sale this 9 unit multi-family residential investment property located in the city of Maywood. This multi-family residential property comprises 9 units spread across four separate structures, one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. The unit mix is comprised of one 3-Bedroom/1-Bathroom detached cottage, six 2-Bedroom/1-Bathroom units, and two 1-Bedroom/1-bathroom units. The total rentable square footage is 6,427 sqft and is situated on a large 17,384 sqft lot. Investors will appreciate the solid in place CAP rate and aggressive GRM. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
**Exceptional Investment Opportunity in Prime Location!** This is a rare find in a highly sought-after, centrally located neighborhood—an ideal property for both savvy investors and those looking for a home with income potential. The property features a charming 2-bedroom, 1-bath single-family home, perfect for a first-time buyer or growing family. In addition, an attached commercial space is currently operating as a market with an established alcohol, wine, and cigarette ABC license, offering a wealth of possibilities. Whether you're looking to live in the home and lease the commercial space, rent out both units for dual income, or even operate your own business on-site, this property presents tremendous flexibility and earning potential. Don’t miss out on this incredible opportunity to secure a property in a high-demand area. Submit your offer today! **Business and business equipment is not included in sale as it is independently owned by current lessee. Business is for sale but it will be a separate transaction.**
Excellent opportunity for investor, large family or an owner occupant! This Triplex has tons of potential for cash flow! Located in a quiet neighborhood in close proximity to schools, shopping, public transportation, restaurants, parks and the 710 Freeway. Located minutes from Downtown L.A. , Atlantic Blvd, Slauson Blvd, Maywood City Hall and The Citadel Outlets in neighboring City of Commerce. The property consist of two buildings, a detached 3 bedroom, 1 bath in front with detached garage, 2, 1Bedroom units in rear, one upstairs and one downstairs, each having plenty of yard space and parking in rear of the front unit. The front unit has been recently refreshed with new flooring and paint.
***A RARE GEM IN THE CITY OF MAYWOOD*** 2 Detached Units With detached Double car garage that can easily be converted to an ADU. Property has been fully rehabbed and both units are available for immediate move in. Perfect for 2 families, front house has 3 bedrooms 1-1/2 bath. fresh paint inside and out with upgraded double pane windows and copper plumbing. Sewer lines have also been upgraded with black ABS pipes under house. All rooms have new mini blinds, mirrored closet doors and ceramic tile/carpet in bedrooms. Both Bathrooms have been upgraded with new vanities and toilets and new mirrors. Laundry hook ups are in the covered patio. Unit 2, boasts 2 bedrooms and 1 bath with separate meters and a separate address 4864 E. 61st Street. And also has been totally rehabbed with fresh paint inside and out. New flooring, New double pane windows, new kitchen cabinets, new quartz counter tops, New vanity and toilet with mirrored medicine cabinet. Bedrooms have mirrored closet doors and new mini blinds on all windows. Laundry room with washer and dryer hook ups located inside house. Property is on a quiet street with the elementary school near by. Plenty of street parking for family and friends. Property has recently been tented and fumigated so termite clearance will be provided. Don't
The median home value in Maywood, CA is $687,000. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Maywood, CA is $687,000. Approximately 26.88% of Maywood homes are owned, compared to 71.61% rented, while 1.51% are vacant. Maywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Maywood real estate agent to arrange a tour today!
Maywood, California has a population of 25,477. Maywood is more family-centric than the surrounding county with 39.97% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Maywood, California is $54,535. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Maywood is 31.3 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 14.8 inches per year, with 0 inches of snow per year.