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5503 Maywood Ave, Maywood
$4,950,000
59 Beds ⋅ 29 Baths ⋅ SOLD Status
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.

5503 Maywood Ave, Maywood

Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian - CA DRE#01462598 Selling Office: .

6048 King Ave, Maywood
$1,665,000
15 Beds ⋅ 7 Baths ⋅ SOLD Status
6048 King Avenue is a 7-unit apartment building located in the City of Maywood. Built in 1964, the property sits on a 9,173 square foot lot and contains approximately 6,294 square feet of building space. The building features a strong unit mix of one 3-bedroom/ 1.5-bath unit (currently utilized as a 4-bedroom without permits) and six 2-bedroom / 1-bath units, offering larger bedroom-count units than the one-bedroom dominated inventory common in many small apartment buildings. The offering is priced at $1,795,000 and operates at a 6.12% cap rate and 9.99 GRM based on current income. The property also includes detached carport parking, on-site laundry facilities, and a recently painted exterior, making it a well-maintained asset in a high-demand Maywood rental market.

6048 King Ave, Maywood

Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian - CA DRE#01462598 Selling Office: .

4906 E 59th Pl, Maywood
$745,000
3 Beds ⋅ 2 Baths ⋅ SOLD Status
Welcome to 4906 E. 59th Place, a charming Spanish-style residence offering 3 Bedrooms, 2 bathrooms, and approximately 1,456 square feet of living space on a generous 6,976 square foot lot. Built in 1923, the home features classic architectural character, including arched windows, a covered entry, and a stucco exterior. The property offers gated parking for 4+ vehicles, a detached 2 car garage, and a private pool-perfect for entertaining and enjoying Southern California living. Conveniently located near shopping, schools, dining and major transportation routes. An excellent opportunity for an owner-user, investor, or buyer looking to personalize a home and add value.

4906 E 59th Pl, Maywood

Courtesy of Exp Commercial of California, Inc., Diana Mkrtchyan - CA DRE#02092202 Selling Office: .

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