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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,200,000

Est. payment - /mo

0.39 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW26087345

HOA Y/N No

Year Built 1953

Lot Size 0.391 Acres

Property Sub-Type Mixed Use

Property Description

Situated on a large 0.39-acre corner lot, the property comprises a triplex and a five-unit building featuring seven one-bedroom/one-bath units and one studio. All units are single-story with separate gas and electric metering, offering operational efficiency and tenant appeal. Tenants enjoy two parking spaces per unit, as well as a mix of private patios and shared yard areas; these amenities enhance livability and support strong occupancy. The absence of on-site laundry presents a clear value-add opportunity to further increase rental income.

5117 Everett Avenue offers significant upside, with current rents approximately 36 percent below market, allowing a new owner to capture meaningful revenue growth over time. Furthermore, a new investor may explore the potential to develop four ADU's by converting the garages to two ADU's and constructing two detached ADU's (buyer to verify ADU potential).

Maywood's multifamily market is supported by dense population, limited housing supply, and strong renter demand driven by its proximity to major employment hubs throughout Southeast Los Angeles. The area continues to experience consistent occupancy levels, with renters attracted to attainable price points relative to neighboring submarkets. These fundamentals position 5117 Everett Avenue as a compelling investment in a supply-constrained, high-demand rental corridor.

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Carport Spaces 8

Garage Description 1.0

Pool None

Community Features Suburban

Total Parking Spaces 16

Private Pool No

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6311017038

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com, DRE #01332755

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5117 Everett Maywood, CA 90270