5724 Carmelita AVE Maywood, CA 90270
UPDATED:
10/30/2024 02:58 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $416
MLS Listing ID OC24215467
Construction Status Fixer
HOA Y/N No
Year Built 1952
Lot Size 4,443 Sqft
Property Description
This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage.
With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment.
Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation.
Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MYR3YY
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Water Heater
Laundry None
Exterior
Garage Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Chain Link
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Parking Type Garage
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 6312021019
Acceptable Financing Subject To Other
Listing Terms Subject To Other
Special Listing Condition Probate Listing
GET MORE INFORMATION
