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    4409 -4415 E 57th Street

    Maywood, CA 90270
    • $2,100,000
    • STATUS: Pending
    • ON SITE: 30 days
    • ID#: PI21142164
    Pending
    UPDATED: 51 min ago
    $2,100,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    Well located older 12 units on multi family zoned lot on .45 acre surrounded by well kept single family homes. Long term tenants all seperately metered with garages. Zoned for 14 units (check with the City for requirements to build or add units). Same family has owned the complex for 30 years. Owner retiring. Units need work. Great renovation or new building project!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/118946647
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    4409 -4415 E 57th Street Maywood, CA 90270

    • Price: $2,100,000
    • Status: Pending
    • Updated: 51 min ago
    • ID#: PI21142164
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    1932
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Well located older 12 units on multi family zoned lot on .45 acre surrounded by well kept single family homes. Long term tenants all seperately metered with garages. Zoned for 14 units (check with the City for requirements to build or add units). Same family has owned the complex for 30 years. Owner retiring. Units need work. Great renovation or new building project!
    Exterior Features

    Architectural Style Bungalow Construction Materials Stucco Direction Faces West Fencing Average ConditionChain Link Foundation Details RaisedSlab Lot Features Front YardLawnLevelNear Public TransitPavedStreet LevelTear DownValue In Land Number Of Separate Electric Meters 12 Open Parking Spaces 10 Other Structures Storage Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asbestos Shingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features None Appliances Free-Standing RangeGas Water HeaterWater HeaterDryerWasher Common Walls 2+ Common Walls Fireplace Features Decorative Fireplace YN Yes Flooring VinylWood Heating Natural GasWall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Cap Rate 3.5 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksUrban Current Financing None Electric Standard Electric Expense 1000 Fuel Expense 710 Garage YN Yes Gross Income 130000 Gross Scheduled Income 130000 Insurance Expense 3930 Land Lease YN No Laundry Features Gas Dryer HookupLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 15000 Net Operating Income 75400 New Construction YN No New Taxes Expense 23000 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 0 Number Of Units Leased 12 Operating Expense 52000 Possession See Remarks Property Condition FixerRepairs Major Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Private Sewer Special Listing Conditions Trust Supplies Expense 3440 Tenant Pays ElectricityGas Total Actual Rent 127000 Trash Expense 2435 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 2600 Water Sewer Expense 2485 Water Source Public Zoning Myr3yy

    Listing provided courtesy of Kirby Gordon of Gordon & Gordon


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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