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Sold for $2,000,000
  • $2,000,000

    5601 Fishburn Ave, Maywood, CA 90270

    18beds
    14baths
    7,948sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $2,206,600 Zestimate®
    $252/sqft
    $1,630 Estimated rent

    Home value

    $2,206,600

    $1.96M - $2.49M

    $1,630/mo

    Zestimate® history
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    $1,630/mo

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    $1,630/mo

    Rent Zestimate®

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    $12,747/mo

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    $12,747/mo

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    What's special

    We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. The property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Weir DRE # 02038545 707-225-2402,

    Marcus & Millichap 424-405-3900

    Bought with:

    Jonathan Weir, DRE # 02038545

    Marcus & Millichap

    Source: CLAW,MLS#: 24-397495MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 14
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Range/Oven, Microwave
    Interior area
    • Total structure area: 7,948
    • Total interior livable area: 7,948 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Open, Garage Is Detached
    • Garage spaces: 12
    • Uncovered spaces: 12
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.44 Acres
    Details
    • Additional structures: None
    • Zoning: MYR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Maywood

    Price history

    DateEventPrice
    8/16/2024Sold$2,000,000-29.2%$252/sqft
    Source: CLAW #24-397495 Report a problem
    8/5/2024Pending sale$2,825,000$355/sqft
    Source: CLAW #24-397495 Report a problem
    6/24/2024Contingent$2,825,000$355/sqft
    Source: CLAW #24-397495 Report a problem
    5/29/2024Listed for sale$2,825,000$355/sqft
    Source: CLAW #24-397495 Report a problem
    6/26/2018Listing removed$1,175
    Source: Zillow Rental Manager Report a problem
    6/20/2018Listed for rent$1,175
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90270

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,206,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,206,600