Triplex in Maywood, CA with Strong Investment Upside
This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage.
With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here''s the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment.
Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation.
Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.
This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage.
With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here''s the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment.
Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation.
Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.
Property Details
Price:
$699,999
MLS #:
OC24215467
Status:
Active
Baths:
0
Address:
5724 Carmelita Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
t6maywoodbell
City:
Maywood
Listed Date:
Oct 16, 2024
State:
CA
ZIP:
90270
Lot Size:
4,445 sqft / 0.10 acres (approx)
Year Built:
1952
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Schools
Interior
Appliances
Gas Oven, Gas Range, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Street Lights
Electric
Standard
Fencing
Chain Link
Foundation Details
Raised
Garage Spaces
3.00
Lot Features
Front Yard
Parking Features
Garage
Parking Spots
3.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address5724 Carmelita Avenue Maywood CA
- AreaT6 – Maywood, Bell
- CityMaywood
- CountyLos Angeles
- Zip Code90270
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Courtesy of RE/MAX TerraSol. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5724 Carmelita Avenue
Maywood, CA
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