5724 Carmelita AVE Open House

Maywood,CA 90270

$ 699999

- Bed

- Bath

1680 SqFt


OPEN HOUSE

Sat Oct 26, 10:00am - 12:00pm 

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $416

MLS Listing ID OC24215467

Construction Status Fixer

HOA Y/N No

Year Built 1952

Lot Size 4,443 Sqft

Acres 0.102

Property Description

Triplex in Maywood, CA with Strong Investment Upside
This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage.
With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment.
Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation.
Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Zoning MYR3YY

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Wall Furnace

Cooling None

Flooring Carpet,Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Oven,Gas Range,Water Heater

Laundry None

Exterior

Garage Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Street Lights,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Roof Type Composition

Parking Type Garage

Total Parking Spaces 3

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6312021019

Acceptable Financing Subject To Other

Listing Terms Subject To Other

Special Listing Condition Probate Listing

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