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Casa Del Sol 3650 E 52nd St 20 Unit Apartment Building $2,900,000 ($145,000/Unit) 5.25% Cap Rate Maywood, CA 90270
Investment Highlights
- Well-maintained 20-unit multifamily investment located in the City of Maywood, offering a quiet residential setting with strong long-term tenancy
- Surrounded primarily by single - family homes, immediately adjacent to the City of Vernon industrial employment network
- Desirable unit mix consisting of (16) one - bedrooms, (2) two - bedrooms, and (2) studios
- Situated on an expansive ± 17,600 SF corner lot, providing open space, strong parking coverage
- Approximately 63% upside in gross rental income through unit turnover and targeted upgrades
Executive Summary
3650 E 52nd Street presents the opportunity to acquire a well-maintained 20-unit apartment community located in the City of Maywood, an incorporated Los Angeles County municipality separate from the City of Los Angeles. The property sits on an expansive ±17,600 SF double corner lot within a quiet residential neighborhood comprised of primarily single-family homes.
Offered at an attractive basis of $145,000 per unit and $220 per square foot, the asset is positioned below replacement cost and benefits from strong workforce-driven demand due to its proximity to the City of Vernon industrial employment hub, making it a compelling value-add opportunity with more than 60% upside in gross potential rental income through natural turnover and strategic renovations
Offered at an attractive basis of $145,000 per unit and $220 per square foot, the asset is positioned below replacement cost and benefits from strong workforce-driven demand due to its proximity to the City of Vernon industrial employment hub, making it a compelling value-add opportunity with more than 60% upside in gross potential rental income through natural turnover and strategic renovations
Property Facts
| Price | $2,900,000 | Property Subtype | Apartment |
| Price Per Unit | $145,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.25% | Lot Size | 0.41 AC |
| Gross Rent Multiplier | 10.93 | Building Size | 13,137 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Zoning | MYR3* | ||
| Price | $2,900,000 |
| Price Per Unit | $145,000 |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Gross Rent Multiplier | 10.93 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 13,137 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | MYR3* |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 16 | - | - |
| Studios | 2 | - | - |
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Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 6311-015-001 | Improvements Assessment | $353,471 |
| Land Assessment | $73,431 | Total Assessment | $426,902 |
Property Taxes
Parcel Number
6311-015-001
Land Assessment
$73,431
Improvements Assessment
$353,471
Total Assessment
$426,902
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Casa Del Sol | 3650 E 52nd St
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