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$ 1,795,000
Est. payment /mo
Active Under Contract
6048 King AVE Maywood, CA 90270
15 Beds
7 Baths
6,294 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,294 sqft
Price per Sqft $285
MLS Listing ID 26661187
Bedrooms 15
HOA Y/N No
Year Built 1964
Lot Size 9,173 Sqft
Property Description
6048 King Avenue is a 7-unit apartment building located in the City of Maywood. Built in 1964, the property sits on a 9,173 square foot lot and contains approximately 6,294 square feet of building space. The building features a strong unit mix of one 3-bedroom/ 1.5-bath unit (currently utilized as a 4-bedroom without permits) and six 2-bedroom / 1-bath units, offering larger bedroom-count units than the one-bedroom dominated inventory common in many small apartment buildings. The offering is priced at $1,795,000 and operates at a 6.12% cap rate and 9.99 GRM based on current income. The property also includes detached carport parking, on-site laundry facilities, and a recently painted exterior, making it a well-maintained asset in a high-demand Maywood rental market.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MYR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Detached Carport
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6316004021
Special Listing Condition Standard
Listed by Nicholas Petrosian Remax Commercial and Investment Realty #01462598
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