5113 E 60th Pl
Property Description
Turnkey 6-unit apartment building with excellent curbside appeal located in Maywood with the major capital improvement already done. The two-story, 1964-built building sits on a 6,741 square foot lot zoned MYR3P and offers approximately 4,664 square feet of rentable area. Unit mix is one 3-bedroom/2-bathroom and five 2-bedroom/1-bathroom units. Recent improvements include new windows, a new roof, upgraded electrical with a new main panel and interior sub-panels, fresh exterior paint, resurfaced magnesite balconies, and new code-compliant handrails. The SB 721 balcony inspection is complete. Units are individually metered for gas and electricity, with tenants paying both. Landlord pays water, sewer and trash disposal. Other features include covered carport parking, ample on-street parking, and an on-site laundry room. The location is highly walkable in a strong rental area. Property is subject to the Maywood RSO. Drive by only. Do not disturb tenants.
Broker Details
RE/MAX Commercial & Investment (310) 802-2500
MLS ID: X94802 State License Number: 01233927
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,299,000 |
| No. of Units: | 6 |
| Year Built: | 1964 |
| Lot Size: | 4,664.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $216,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 13 |
| Number of Bathrooms: | 7 |
ID: 3yd-CLAWCA-26107944
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
313 N Alexandria Ave
Los Angeles, California
7929 Blackburn Ave
Los Angeles, California
3110 Merrill Drive
Torrance, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout