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5503-5509 Maywood Ave
Maywood, CA 90270
Multifamily Property For Sale
·
28 Units
Investment Highlights
- Priced at $196,429 per Unit & $244.23 per SF
- 9.03 GRM & 5.82 Cap Rate on Current Income
- Subject to City of Maywood Rent Stabilization Ordinance
- (27) 2-Bed / 1-Bath & (1) 5-Bed / 2-Bath SFR
- Front House to be Leased Back at $3,500/Month (6-Year Term); $84,000 Buyer Rent Credit at Close of Escrow to Offset First 24 Months
- Upside Potential with On-Site Laundry (Currently Not in Use)
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 | $1,780 | 1 |
| 5+2 | 1 | $3,500 | 1 |
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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