6048 King Ave, Maywood, CA 90270

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.