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Key Details
Sold Price $815,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21187269
Sold Date 03/15/22
HOA Y/N No
Year Built 1955
Lot Size 6,973 Sqft
Property Description
FANTASTIC 3 UNIT INVESTMENT OPPORTUNITY IN THE CITY OF MAYWOOD. THIS GREAT LOCATION RENTAL PROPERTY CONSIST OF TWO (2) BEDROOM AND (1) BATH UNITS UPSTAIRS AND A SINGLE UNIT DOWNSTAIRS. THE (2) BEDROOM UNITS EACH HAVE (1) CAR GARAGES AND THE SINGLE UNIT HAS A (2) CAR GARAGE. THERE IS AMPLE PARKING. THE (2) BEDROOM UNITS AND THE SINGLE UNIT HAVE AN ADDITIONAL PARKING SPOT IN FRONT OF THEIR GARAGES AND ADDITIONAL PARKING ON THE SOUTH SIDE OF THE PROPERTY. THE TENANTS ENJOY THE LUXURY OF A BIG BACKYARD AND BBQ AREA. THERE IS A STORAGE/ LAUNDRY ROOM AT THE REAR OF THE PROPERTY THAT CAN BE USED TO GENERATE ADDITIONAL INCOME OR THE POTENTIAL OF BUILDING AN ACCESSORY DWELLING UNIT (ADU) MAKING THE PROPERTY A (4) UNIT PROPERTY MAXIMIZING CASH FLOW. PROPERTY OFFERS SO MUCH POTENTIAL. PERFECT FOR BUYER LOOKING TO LIVE IN ONE THE UNITS AND HAVE TENANTS PAY THEIR MORTGAGE OR A 1031 EXCHANGE NVESTOR LOOKING TO TAKE ADVANTAGE OF THE LIMITED SUPPLY OF MULTI-FAMILY INVESTMENT PROPERTIES.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MYR3*
Interior
Fireplace No
Laundry LaundryRoom
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features StreetLights, Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Lot Description BackYard
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6311014030
Energy Description 200.0
Acceptable Financing Cash, Conventional, Item1031Exchange
Listing Terms Cash, Conventional, Item1031Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML