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Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25050667
Sold Date 05/22/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
Excellent investment opportunity in the City of Maywood! This R3-zoned lot features two detached units with strong income potential and room for future development. The front unit is a 3 bed - 1 bath, and the rear unit is a 2 bed - 1 bath, currently rented. Additionally, a detached workshop behind the rear unit features a kitchen, bathroom, and its own electrical meteroffering potential for workspace, rental income, or ADU conversion (buyer to verify all permits and usage). This property is a prime value-add opportunity for investors looking to renovate, increase rental income, flip, or build additional units (buyer to verify with the city). With two separate driveways and a high-demand rental market, there is significant potential to maximize cash flow. The R3 zoning opens the door for multi-unit expansion, making this an ideal project for developers. Sold strictly AS-IS with no repairs or credits cash offers or hard money loans only. Ideal for experienced investors, developers, or contractors looking for their next project. Serious inquiries only.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Slauson Ave / East of Alamo Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6315008009
Acceptable Financing Cash
Listing Terms Cash
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Bought with Oscar Jara SoCal 5 Real Estate
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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