3536 E 52nd ST, Maywood, CA 90270 – CV24153706 - Norma Mardelli

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$2,350,000

Est. payment - /mo

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0.4 Acres Lot

Price Dropped by $125K

3536 E 52nd ST Maywood, CA 90270

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/05/2024 04:35 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24153706

HOA Y/N No

Year Built 1929

Lot Size 0.399 Acres

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

Area T6 - Maywood, Bell

Zoning MYR3YY

Interior

Fireplace No

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 23

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6311018017

Energy Description 536.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443