NOT LISTED FOR SALE

3738 E 53rd St Maywood, CA 90270

Maywood Area

Estimated Value: $857,000 - $1,016,000

4 Beds
3 Baths
1,820 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2022

Last sale price $775,000 $426 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,038 / mo

68 Days on Market

About This Home

As of August 2022

We are pleased to present a triplex investment opportunity in the city of Maywood. This property is in a great location and consists of ONE 2 Bedroom + 1 Bathroom with TWO 1 Bedroom + 1 Bathroom unit mix. The 2 Bedroom single-story dwelling is in the front and the detached building (built in 1970) consists of a 1 bedroom on each level (1+1 on 1st floor & 1+1 on 2nd floor). All three units combined totals to 1,820 square feet on a 6,043 square foot lot zoned MYR3*. Property has minimal landlord maintenance, all units are occupied, and a great value add opportunity with a realistic rental upside of +/- 44%. This is a nice quiet neighborhood with about a mile from Maywood City Hall, and near many neighborhood parks. As a triplex, this property may qualify for residential fixed financing. Tenants enjoy the convenience of being within walking distance to retail corridors of East Slauson Ave and District Blvd and Atlantic Blvd. Property is a short commute to the 710 freeway and the Citadel Outlets in neighboring city of Commerce. Please note all units are currently occupied, Buyer to verify all information provided including the size, square feet and year built.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 05/26/2022

Last Buyer's Agent

Jesse Reyes

Re/Max Top Producers License #01507176

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,043 Sq Ft Lot

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6311-003-010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Vacancy Allowance $1,354

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,043 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1820
  • Lot Acreage: 0.1387
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 425.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 3
  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 61.34
  • Assessed Improvement Value: 270756
  • Assessed Land Percent: 38.66
  • Assessed Land Value: 170643
  • Total Assessed Value: 441399
  • Assessor Parcel Number: 6311-003-010
  • Lot Size Area: 6043

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.18
  • Number Of Units: 3
  • Type Of Units: Apartment
  • Vacancy Allow: 1354
  • Vacancy Allow Percent: 3.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Bought by
Current Estimated Value
$923,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Outstanding Balance
$645,731
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$277,582

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 2, 2022
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$542,500
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 1, 2013
Sold by
Bought by
Seller's Agent
Jaime Rodriguez
Big Blue House Real Estate
Buyer's Agent
Jaime Rodriguez
Big Blue House Real Estate
List Price
$395,000
Sold Price
$388,000
Premium/Discount to List
-$7,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$281,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2012
Closed on
Nov 28, 2012
Sold by
Bought by
Seller's Agent
Gary Lorenzini
Coldwell Banker Realty
Buyer's Agent
Jaime Rodriguez
Big Blue House Real Estate
List Price
$273,000
Sold Price
$261,000
Premium/Discount to List
-$12,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.01%

Purchase Details

Listed on
Oct 31, 2012
Closed on
Nov 23, 2012
Sold by
Bought by
Seller's Agent
Gary Lorenzini
Coldwell Banker Realty
Buyer's Agent
Jaime Rodriguez
Big Blue House Real Estate
List Price
$273,000
Sold Price
$261,000
Premium/Discount to List
-$12,000
-4.4%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bought by

Purchase Details

Closed on
May 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Maywood, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
$775,000 Chicago Title
-- Stewart Title Of California
$388,000 Stewart Title Of California
-- North American Title Co Inc
$261,000 Landsafe
$266,400 None Available
-- Fidelity National Title Co
-- --
$395,000 Gateway Title Company
-- Fidelity
$1,000 --
$12,974 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $671,000
Previous Owner $542,500
Previous Owner $281,250
Previous Owner $121,000
Previous Owner $484,000
Previous Owner $375,250
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2022 08/11/22 Sold $775,000 0.0% $426 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $775,000 +99.7% $426 / Sq Ft
05/08/2013 05/08/13 Sold $388,000 -1.8% $213 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $395,000 +51.3% $217 / Sq Ft
12/11/2012 12/11/12 Sold $261,000 -4.4% $143 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $273,000 -- $150 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,451 $806,310 $624,240 $182,070
2024 $11,126 $790,500 $612,000 $178,500
2023 $10,931 $775,000 $600,000 $175,000
2022 $6,469 $450,226 $174,055 $276,171
2021 $6,385 $441,399 $170,643 $270,756
2020 $6,572 $437,254 $168,894 $268,360
2019 $6,186 $428,689 $165,583 $263,106
2018 $6,082 $420,292 $162,337 $257,955
2016 $5,749 $403,608 $156,034 $247,574
2015 $5,418 $397,547 $153,691 $243,856
2014 $5,809 $389,761 $150,681 $239,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-161387

The MLS

APN: 6311-003-010

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