NOT LISTED FOR SALE

3536 E 52nd St Maywood, CA 90270

17 Beds
9 Baths
6,427 Sq Ft
17,385 Sq Ft Lot

Last Sold March 21, 2025

Last sale price $2,275,000 $354 Per Sq Ft

213 Days on Market

About This Home

As of March 2025

NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! We are proud to exclusively offer for sale this 9 unit multi-family residential investment property located in the city of Maywood. This multi-family residential property comprises 9 units spread across four separate structures, one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. The unit mix is comprised of one 3-Bedroom/1-Bathroom detached cottage, six 2-Bedroom/1-Bathroom units, and two 1-Bedroom/1-bathroom units. The total rentable square footage is 6,427 sqft and is situated on a large 17,384 sqft lot. Investors will appreciate the solid in place CAP rate and aggressive GRM. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 07/26/2024

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 07/26/2024

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 17,384 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 13 Open Parking Spaces
  • 10 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,427 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1172
  • Tax Tract Number 3607
  • Assessor Parcel Number 6311018017
  • $2,754 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $434
  • Fuel Expense $536
  • Insurance Expense $6,500
  • Maintenance Expense $6,750
  • Other Expense $1,350
  • Trash Expense $5,757
  • Water Sewer Expense $2,340
  • New Taxes Expense $29,362
  • Operating Expense $53,029
  • Gross Income $207,745
  • Net Operating Income $148,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0.4 Acres

Parking

10

Listing Details

  • CapRate: 6.32
  • Property Attached: Yes
  • Water Sewer Expenses: 2340.00
  • Zoning: MYR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6311018017
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 353.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 23.00
  • Uncovered Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 5757.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 17384.00
  • Lot Size Acres: 0.3991

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 434.00
  • Fuel Expense: 536.00
  • Gross Income: 207745.00
  • Gross Multiplier: 11.31
  • Gross Operating Income: 201513.00
  • Gross Scheduled Income: 207745.00
  • Insurance Expense: 6500.00
  • Laundry Income: 720.00
  • Lot Size Area: 17384.0000 Square Feet
  • Maintenance Expense: 6750.00
  • Net Operating Income: 148484.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 53029.00
  • Other Expense: 1350.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 17252.00
  • Total Expenses: 53029.00

Tax Info

  • New Taxes Expense: 29362.00
  • Tax Census Tract: 5333.00
  • Tax Lot: 1172
  • Tax Tract Number: 3607
  • TaxOtherAnnualAssessmentAmount: 2754.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $2,275,000 -3.2% $354 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
11/13/2024 11/13/24 For Sale $2,350,000 +3.3% $366 / Sq Ft
11/08/2024 11/08/24 Off Market $2,275,000 -- --
07/26/2024 07/26/24 For Sale $2,475,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,945 $647,926 $301,360 $346,566
2024 $10,945 $635,222 $295,451 $339,771
2023 $10,780 $622,767 $289,658 $333,109
2022 $10,170 $610,557 $283,979 $326,578
2021 $10,023 $598,586 $278,411 $320,175
2020 $10,732 $592,819 $275,557 $317,262
2019 $9,755 $581,203 $270,154 $311,049
2018 $9,377 $569,815 $264,857 $304,958
2016 $8,629 $547,334 $254,573 $292,761
2015 $8,174 $539,114 $250,750 $288,364
2014 $8,213 $528,555 $245,839 $282,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24153706

California Regional Multiple Listing Service (CRMLS)
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