$5,500,000

5503 Maywood Avenue, Maywood, CA 90270

  • 59 beds |
  • 29 baths |
  • 22,520 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $244/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Pending
Date Added:
September 4, 2025 at 05:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Nicholas Petrosian : 949-607-7096
MLS ID:
25587535
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Door-MultiGarageOne SpaceParking spaces: 29
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: MYM1*6311026015
  • Source: CRMLS_CL

This listing courtesy of Nicholas Petrosian, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Loma Vista Elementary School

3629 E 58th St, Maywood, CA, 90270

Grades KG-5

0.31 miles away

N

Nimitz Middle School

6021 Carmelita Ave, Huntington Park, CA, 90255

Grades 6-8

0.60 miles away

S

San Antonio Continuation

2911 Belgrave Ave, Huntington Park, CA, 90255

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.