Maywood, CA 90270,5601 Fishburn Ave
See all 8 photos
Maywood, CA 90270,5601 Fishburn Ave
Maywood, CA 90270,5601 Fishburn Ave
Maywood, CA 90270,5601 Fishburn Ave
Maywood, CA 90270,5601 Fishburn Ave

$2,825,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5601 Fishburn Ave Maywood, CA 90270

18 Beds

14 Baths

7,948 SqFt

SOLD DATE : 08/16/2024

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,948 sqft

Price per Sqft $251

MLS Listing ID 24-397495

Bedrooms 18

Year Built 1926

Lot Size 0.444 Acres

Property Description

We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. The property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential.

Location

State CA

County Los Angeles

Area Maywood, Bell

Zoning MYR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Microwave

Exterior

Garage Uncovered, Garage Is Detached

Garage Spaces 24.0

Building

Story 2

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.