5503 Maywood Avenue, Maywood, CA 90270
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
5503 Maywood Avenue,Maywood, CA 90270
$5,500,000
- 59 Beds
- 29 Baths
- 22,520 sq. ft.
- Multi-family
- Active
Listed by:nicholas petrosian
Office:remax commercial and investment realty
MLS#:25587535
Source:CRMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$244.23
About this home
5503 Maywood Avenue is a unique 28-unit multifamily investment opportunity located in the high-demand Southeast Los Angeles submarket of Maywood. The property features an excellent unit mix comprised of twenty-seven (27) 2-bed/1-bath apartments, built in 1963, plus one (1) detached 5-bed/2-bath single-family residence built in 1923.Offered at a compelling 9.03 GRM and 5.82% Cap Rate on current income, this asset presents both immediate cash flow and long-term upside with projected market metrics of 7.06 GRM and 8.53% Cap Rate. All units are master-metered for gas, electricity, and water, with the exception of the single-family home. The front house will be leased back to the current owner at $3,500/month for a 6-year term, and the buyer will receive an $84,000 rent credit at close of escrow to offset the first 24 months. The on-site laundry room is not currently in use, offering additional upside for future income generation. The property includes (27) open parking spaces and (1) 2-car garage, and is subject to the City of Maywood Rent Stabilization Ordinance.
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Home facts
- Year built:1963
- Listing ID #:25587535
- Added:21 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:59
- Total bathrooms:29
- Living area:22,520 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1963
- Building area:22,520 sq. ft.
- Lot area:0.69 Acres
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$244.23
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