5724 Carmelita Avenue

Maywood, CA 90270

$699,999

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1952

calendar_month Built

Property Description

Triplex in Maywood, CA with Strong Investment Upside This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage. With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment. Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation. Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.

Listing Information

List Price $699,999
Status Active
MLS OC24215467
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1952
Lot Size 4,445
Structure Size N/A
DOM 9
Courtesy Of RE/MAX TerraSol
Listing Agent Erik Kaiser DRE#01111620

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Erik Kaiser, RE/MAX TerraSol 949-244-8394. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 26th, 2024 at 7:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.