5113 E 60th Place, Maywood, CA 90270

$1,495,000

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List Price
$1,495,000
Status
ACTIVE
MLS#
DW26146097
Year Built
1964
Lot Size
6,741
Acres
0.15
Days on Market
24
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

WOW First time on the market in 30 years! 5113 E. 60th Place presents a rare opportunity to acquire a renovated six unit apartment in the heart of Maywood, offering a true pride of ownership asset that has been extensively upgraded throughout and positioned as a value-add investment with minimal near term capital needs. The property features a well-balanced unit mix of one 3 bedroom 2 bathroom unit and five 2 bedroom 1 bathroom units within a two story building that has undergone significant system and exterior improvements, including a new roof, upgraded electrical systems with a new main panel and interior sub panels, fresh exterior paint, resurfaced magnesite balconies, upgraded code compliant handrails, completed SB 721 balcony inspection, and an on-site laundry facility, and is further enhanced by seven covered carport parking spaces and overall low deferred maintenance, making it a stabilized and well-positioned asset in a strong rental market.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$120,732
Operating Expense
33731

Listing courtesy of Listing Agent: Victor Ambriz Jr (victor@ambrizandassociates.net) from Listing Office: Keller Williams SELA.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.