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(323) 864-4211
Linda Roth Burrell
5503 Maywood Ave, Maywood, CA 90270
- $4,950,000
- 59
- BD
- 29
- BA
- 22,520
- SqFt
- Sold Price
- $4,950,000
- List Price
- $5,500,000
- Closing Date
- Dec 05, 2025
- MLS#
- 25587535
- Year Built
- 1963
- Bedrooms
- 59
- Bathrooms
- 29
- Living Sq. Ft
- 22,520
- Lot Size
- 30,022
- Days on Market
- 19
- Property Type
- Multifamily
- Stories
- 2
Property Description
5503 Maywood Avenue is a unique 28-unit multifamily investment opportunity located in the high-demand Southeast Los Angeles submarket of Maywood. The property features an excellent unit mix comprised of twenty-seven (27) 2-bed/1-bath apartments, built in 1963, plus one (1) detached 5-bed/2-bath single-family residence built in 1923.Offered at a compelling 9.03 GRM and 5.82% Cap Rate on current income, this asset presents both immediate cash flow and long-term upside with projected market metrics of 7.06 GRM and 8.53% Cap Rate. All units are master-metered for gas, electricity, and water, with the exception of the single-family home. The front house will be leased back to the current owner at $3,500/month for a 6-year term, and the buyer will receive an $84,000 rent credit at close of escrow to offset the first 24 months. The on-site laundry room is not currently in use, offering additional upside for future income generation. The property includes (27) open parking spaces and (1) 2-car garage, and is subject to the City of Maywood Rent Stabilization Ordinance.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Garage - 2 Car, Garage Is Attached, Parking Space
- Garage Spaces Total
- 2
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Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian - CA DRE#01462598 Selling Office: .
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