3538 E 56th Street, Maywood, CA 90270
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
3538 E 56th Street,Maywood, CA 90270
$1,095,000
- - Beds
- - Baths
- 3,000 sq. ft.
- Multi-family
- Active
Listed by: michael gomez
Office: golden feather investments, inc562-382-1933
MLS#:DW26240107
Source:CRMLS
Price summary
- Price:$1,095,000
- Price per sq. ft.:$365
About this home
Golden Feather Investments, Inc. is proud to exclusively present 3538 East 56th Street, an attractive multifamily investment opportunity in Maywood, California. Situated on a 9,253 SF lot, this well maintained property features five fully occupied 1 bedroom, 1 bathroom units totaling approximately 3,000 SF.
The property offers five single car garages, 10 total parking spaces, gated entry, and on site laundry. Additional income is generated through parking, laundry, and pet fees. Gas and electricity are separately metered. Currently producing a 5.42% cap rate and an 11.69 GRM, the property offers approximately 17% rental upside, subject to the City of Maywood Rent Ordinance No. 23-07.
A major value add feature is the potential to convert the existing garage space into a 2 bedroom, 2 bathroom ADU. This opportunity could add another income producing unit and further enhance the property's earning potential. Buyers must independently verify ADU feasibility, zoning, parking, building requirements, and permitting with the City of Maywood. Any improvements are subject to applicable approvals.
Located approximately seven miles southeast of Downtown Los Angeles, Maywood is a densely populated, predominantly renter occupied community with established housing demand. The property offers convenient access to the I-710 freeway, industrial and freight employment centers, and employment hubs throughout Southeast Los Angeles County. Nearby amenities include Maywood Towne Center, Maywood Village Square, and K Plaza.
3538 East 56th Street offers investors the opportunity to acquire an income producing asset with multiple revenue streams, rental upside, substantial parking, and ADU potential. Its combination of existing cash flow and value add possibilities makes this an exciting opportunity in an established Los Angeles County rental market.
Do not disturb tenants. Do not visit the property without a scheduled appointment through the listing agent. All showings and property inquiries must be coordinated with the listing agent....
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Home facts
- Year built:1953
- Listing ID #:DW26240107
- Added:1 day(s) ago
- Updated:November 09, 2026 at 01:30 PM
Rooms and interior
- Living area:3,000 sq. ft.
Structure and exterior
- Year built:1953
- Building area:3,000 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Level with Street, Near Public Transit, Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,095,000
- Price per sq. ft.:$365
Parking
- Total parking spaces:15
- Parking description:Assigned
- Garage:Yes
- Garage spaces:5
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