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5503-5509 Maywood Ave
Maywood, CA 90270
Multifamily Property For Sale
·
28 Units
Investment Highlights
- 27 two-bedroom units and 1 five-bedroom single family home
- First time on the market in over 60 years and priced to sell
- There have been no new multifamily properties in the construction pipeline since 2015, creating a scarcity of housing options in Maywood and Vernon
- 100% occupied with no section 8 tenants and excellent rent collection rates
- Spacious apartments with ample parking
- Proactive plan in place via Resolution No. 6161 to combat the unhoused crisis in the area
Property Facts
| No. Units | 28 | Building Size | 22,520 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | MYM1* | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 22,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | MYM1* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 27 | $1,629 | 756 - 905 |
| 5+2 | 1 | $3,250 | 1,955 |
Property Taxes
| Parcel Number | 6311-026-015 | Improvements Assessment | $3,150,000 |
| Land Assessment | $1,800,000 | Total Assessment | $4,950,000 |
Property Taxes
Parcel Number
6311-026-015
Land Assessment
$1,800,000
Improvements Assessment
$3,150,000
Total Assessment
$4,950,000
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