$2,825,000
Active
20 Days Online
18 Beds14 Baths7,948 SQFT
Active

5601 Fishburn Avenue Maywood, CA 90270

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID Number24397495
  • Home Size Source N/A
  • Year Built1926
  • Lot Size0.4443 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Uncovered
  • Parking Spaces 24
  • Number of Stories 22
  • Acreage 0.4443
  • Garage Spaces 12
  • Attached Garage No
  • Zoning MYR3YY
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Appliances Microwave

Community Features

  • Senior Community No
  • MLS Area T6 - Maywood, Bell

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Monthly Payment (Est.)

$14,960
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