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5601 Fishburn Avenue

Maywood, CA 90270
  • $3,368,800
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: WS23157703
UPDATED: 40 min ago
$3,368,800
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): Tony P.H. Chen of Candet Properties, Inc. (626-281-9338) and Amy Li of Candet Properties, Inc.(626-281-9338)


Description

Great income property in city of Maywood ideal for investors. It is under professional management for years with majority long time/stable tenancies. All 14 units are fully occupied. All tenants are current on rent, next annual rent adjustment in 3 months on December, 2023. Owned laundry machines EXTRA income; Also, 12 parking stall and 12 more 1-car garage used as storage for additional rental income; low maintenance landscape; Walk to Fishburn Avenue Elementary School; Close to main street Atlantic Blvd, Maywood Shopping Center, restaurants, and easy access to Fwy 710.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T08:27:27.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142795791
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5601 Fishburn Avenue Maywood, CA 90270

  • Price: $3,368,800
  • Status: Active
  • On Site: 34 Days
  • Updated: 40 min ago
  • ID#: WS23157703
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1926
Built
Neighborhood:
T6 - Maywood, Bell
County:
Los Angeles
Area:
T6 - Maywood, Bell
Property Description
Great income property in city of Maywood ideal for investors. It is under professional management for years with majority long time/stable tenancies. All 14 units are fully occupied. All tenants are current on rent, next annual rent adjustment in 3 months on December, 2023. Owned laundry machines EXTRA income; Also, 12 parking stall and 12 more 1-car garage used as storage for additional rental income; low maintenance landscape; Walk to Fishburn Avenue Elementary School; Close to main street Atlantic Blvd, Maywood Shopping Center, restaurants, and easy access to Fwy 710.
Exterior Features

Entry Level 1 Entry Location Fisbburn Ave Foundation Details Raised Lot Features Corner LotSprinklers None Number Of Separate Electric Meters 15 Open Parking Spaces 12 Parking Total 24 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat Spa Features None Spa YN No

Interior Features

Accessibility Features Parking Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes Interior Features Granite CountersStorageTile Counters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Curbs Electric Expense 1300 Fuel Expense 470 Garage YN Yes Gross Income 238108 Gross Scheduled Income 227628 Insurance Expense 4912 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 196494 New Construction YN No Number Of Separate Gas Meters 15 Number Of Separate Water Meters 1 Number Of Units Leased 14 Operating Expense 31134 Pest Control Expense 775 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 18969 Trash Expense 7900 Water Sewer Expense 3300 Water Source Public Zoning Myr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T08:27:27.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Tony P.H. Chen of Candet Properties, Inc. (626-281-9338) and Amy Li of Candet Properties, Inc.(626-281-9338)