5601 Fishburn Avenue
Maywood, CA 90270
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1926 build
- – on site
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We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. The property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential.
Last checked:
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Last updated Aug 19, 2024
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MLS# 24397495 —
The Building
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Year Built:1926
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New Construction:No
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Building Area Total:7948.00
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# of Buildings:1
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Total Number Of Units:14
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Fishburn Ave & E 56th St
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Latitude:33.99027100
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Longitude:-118.18989900
The Property
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Property Type:Residential Income
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Zoning:MYR3YY
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Lot Size Area:19352.0000
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Lot Size Acres:0.4443
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Lot Size SqFt:19352.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6312018001
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Appliances:Microwave
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:24.00
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Garage Spaces:12.00
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Uncovered Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/16/24
Aug 16, 2024
|
Sold | CRMLS_CA | $2,000,000 | -29.2% |
|
8/5/24
Aug 5, 2024
|
Pending | CRMLS_CA | $2,825,000 | |
|
6/24/24
Jun 24, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,825,000 |
