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    5318 Everett Avenue

    Maywood, CA 90270
    • $850,000
    • STATUS: Active
    • ON SITE: 52 Days
    • ID#: DW21187269
    UPDATED: 30 min ago
    $850,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    FANTASTIC 3 UNIT INVESTMENT OPPORTUNITY IN THE CITY OF MAYWOOD. THIS GREAT LOCATION RENTAL PROPERTY CONSIST OF TWO (2) BEDROOM AND (1) BATH UNITS UPSTAIRS AND A SINGLE UNIT DOWNSTAIRS. THE (2) BEDROOM UNITS EACH HAVE (1) CAR GARAGES AND THE SINGLE UNIT HAS A (2) CAR GARAGE. THERE IS AMPLE PARKING. THE (2) BEDROOM UNITS AND THE SINGLE UNIT HAVE AN ADDITIONAL PARKING SPOT IN FRONT OF THEIR GARAGES AND ADDITIONAL PARKING ON THE SOUTH SIDE OF THE PROPERTY. THE TENANTS ENJOY THE LUXURY OF A BIG BACKYARD AND BBQ AREA. THERE IS A STORAGE/ LAUNDRY ROOM AT THE REAR OF THE PROPERTY THAT CAN BE USED TO GENERATE ADDITIONAL INCOME OR THE POTENTIAL OF BUILDING AN ACCESSORY DWELLING UNIT (ADU) MAKING THE PROPERTY A (4) UNIT PROPERTY MAXIMIZING CASH FLOW. PROPERTY OFFERS SO MUCH POTENTIAL. PERFECT FOR BUYER LOOKING TO LIVE IN ONE THE UNITS AND HAVE TENANTS PAY THEIR MORTGAGE OR A 1031 EXCHANGE NVESTOR LOOKING TO TAKE ADVANTAGE OF THE LIMITED SUPPLY OF MULTI-FAMILY INVESTMENT PROPERTIES.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T11:26:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120779443
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    5318 Everett Avenue Maywood, CA 90270

    • Price: $850,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: DW21187269
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1955
    Built
    Neighborhood:
    T6 - Maywood, Bell
    County:
    Los Angeles
    Area:
    T6 - Maywood, Bell
    Property Description
    FANTASTIC 3 UNIT INVESTMENT OPPORTUNITY IN THE CITY OF MAYWOOD. THIS GREAT LOCATION RENTAL PROPERTY CONSIST OF TWO (2) BEDROOM AND (1) BATH UNITS UPSTAIRS AND A SINGLE UNIT DOWNSTAIRS. THE (2) BEDROOM UNITS EACH HAVE (1) CAR GARAGES AND THE SINGLE UNIT HAS A (2) CAR GARAGE. THERE IS AMPLE PARKING. THE (2) BEDROOM UNITS AND THE SINGLE UNIT HAVE AN ADDITIONAL PARKING SPOT IN FRONT OF THEIR GARAGES AND ADDITIONAL PARKING ON THE SOUTH SIDE OF THE PROPERTY. THE TENANTS ENJOY THE LUXURY OF A BIG BACKYARD AND BBQ AREA. THERE IS A STORAGE/ LAUNDRY ROOM AT THE REAR OF THE PROPERTY THAT CAN BE USED TO GENERATE ADDITIONAL INCOME OR THE POTENTIAL OF BUILDING AN ACCESSORY DWELLING UNIT (ADU) MAKING THE PROPERTY A (4) UNIT PROPERTY MAXIMIZING CASH FLOW. PROPERTY OFFERS SO MUCH POTENTIAL. PERFECT FOR BUYER LOOKING TO LIVE IN ONE THE UNITS AND HAVE TENANTS PAY THEIR MORTGAGE OR A 1031 EXCHANGE NVESTOR LOOKING TO TAKE ADVANTAGE OF THE LIMITED SUPPLY OF MULTI-FAMILY INVESTMENT PROPERTIES.
    Exterior Features

    Lot Features Back Yard Number Of Separate Electric Meters 3 Open Parking Spaces 5 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Contingency Buyers To Cooperate With Sellers 1031 Exchange At No Cost To Buyers. Electric Expense 180 Fuel Expense 200 Garage YN Yes Gross Income 51348 Gross Scheduled Income 51348 Insurance Expense 800 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 35813 New Construction YN No New Taxes Expense 11475 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 15535 Possession Close Plus 3 Days Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4279 Trash Expense 1800 Water Sewer Expense 1080 Water Source Public Zoning Myr3*

    Listing provided courtesy of David Gomez of Realty Executives Com. & Res. and Gil Legaspi of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T11:26:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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