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Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24153706
Sold Date 03/21/25
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of CA-60, West of I-710; Near the Intersection of Maywood Ave & E 52nd St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Kristopher German RE/MAX 2000 REALTY
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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