Listing provided courtesy of Kristopher German of RE/MAX 2000 REALTY. Last updated 2024-11-07 09:11:24.000000. Listing information © 2024 Sandicor.
Asking Price: $2,475,000
3536 52nd, Maywood CA 90270
Community: T6 - Maywood, Bell
This Apartment property was built in 1929 and is priced at $2,475,000. Please see the additional details below.
Private Seller Financing Available! We are proud to exclusively offer for sale this 9 unit multi-family residential investment property located in the city of Maywood. This multi-family residential property comprises 9 units spread across four separate structures, offering a diverse unit mix including one 3-Bedroom/1-Bathroom detached cottage, six 2-Bedroom/1-Bathroom units, and two 1-Bedroom/1-bathroom units. The total rentable square footage is 6,427 sqft and is situated on a large 17,384 sqft lot.
Investors will appreciate the solid 5.9% current CAP rate and an 11.95 GRM. The structures include one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
Additionally, the property is offered with attractive Private Seller Financing terms: 30% down payment, 6.5% interest-only payments, and a 7-year term.
