4724 E 58th St - Apartments FOR SALE


Maywood, CA 90270
$1,075,000 USD
949-607-7096
4724 E 58th St, Maywood, CA for Sale
$1,075,000 USD
Apartments - FOR SALE
1/8
null | 3.91% Cap Rate

4724 E 58th St
Maywood, CA 90270


HIGHLIGHTS

  • Phenomenal Unit Mix of (4) 2/1 (Avg. 935 SF) & (1) 4/2 SFR (1,360 SF)
  • Priced at $215K/Unit and $211/SF
  • 13.36 GRM & 3.91% Cap Rate on Current Income & 7.47 GRM & 8.59% Cap Rate on Market Income
  • Massive Amount of Upside in the Rental Income
  • Washer Dryer Hookups in Each Unit
  • Separately Metered for Gas & Electricity

OVERVIEW

All offers due Thursday, April 24th at 12:00 PM. We are pleased to present 4724 E 58th Street, a 5-unit apartment building in Maywood featuring an ideal unit mix of (4) spacious 2-bed/1-bath units (avg. 935 SF) and a detached 4-bed/2-bath single-family residence (1,360 SF). Priced at $215K per unit and $211/SF, the property offers a 13.36 GRM and 3.91% cap rate on current income, with a 7.47 GRM and 8.59% cap rate on market income. There is a massive amount of upside in the rental income. Each unit includes in-unit washer/dryer hookups and is separately metered for gas and electricity. Detached carport parking in the rear.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

5

PRICE/UNIT

$215,000

CAP RATE

3.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,025 SF

ZONING

MYR3PY

APN/PARCEL ID

6314-014-009

ASK ABOUT THIS PROPERTY

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.