$699,999
5724 Carmelita Avenue Maywood, CA 90270
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$699,999
Est. payment /mo
3 Beds
3 Baths
4,445 Sqft Lot
OPEN HOUSE
Sat Oct 26, 10:00am - 12:00pm
UPDATED:
10/18/2024 11:36 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24215467
Bedrooms 3
HOA Y/N No
Lot Size 4,445 Sqft
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 kickertheres 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 youre 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.
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 kickertheres 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 youre 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.
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 kickertheres 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 youre 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 Maywood (90270)
Zoning Assessor
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $81
Space Rent $1,500
Special Listing Condition Probate Sbjct to Overbid
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Listed by Erik Kaiser • RE/MAX TerraSol
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "