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3738 E 53RD ST Maywood, CA 90270
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Key Details
Sold Price $775,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $425
MLS Listing ID 22-161387
Bedrooms 4
Year Built 1963
Lot Size 6,043 Sqft
Property Description
We are pleased to present a triplex investment opportunity in the city of Maywood. This property is in a great location and consists of ONE 2 Bedroom + 1 Bathroom with TWO 1 Bedroom + 1 Bathroom unit mix. The 2 Bedroom single-story dwelling is in the front and the detached building (built in 1970) consists of a 1 bedroom on each level (1+1 on 1st floor & 1+1 on 2nd floor). All three units combined totals to 1,820 square feet on a 6,043 square foot lot zoned MYR3*. Property has minimal landlord maintenance, all units are occupied, and a great value add opportunity with a realistic rental upside of +/- 44%. This is a nice quiet neighborhood with about a mile from Maywood City Hall, and near many neighborhood parks. As a triplex, this property may qualify for residential fixed financing. Tenants enjoy the convenience of being within walking distance to retail corridors of East Slauson Ave and District Blvd and Atlantic Blvd. Property is a short commute to the 710 freeway and the Citadel Outlets in neighboring city of Commerce. Please note all units are currently occupied, Buyer to verify all information provided including the size, square feet and year built.
Location
State CA
County Los Angeles
Area Maywood, Bell
Zoning MYR3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage, Uncovered
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Re/Max Champions