$720,000
SOLD MAY 22, 2025

5100 E 60th Place Maywood, CA 90270

5 Beds
3 Baths
1,964 Sq Ft
6,935 Sq Ft Lot

Recently Sold

$367 Per Sq Ft

3% Above List Price

13 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Separate Outdoor Workshop
  • 4-minute walk to Maywood Riverfront Park

About This Home

As of May 2025

Excellent investment opportunity in the City of Maywood! This R3-zoned lot features two detached units with strong income potential and room for future development. The front unit is a 3 bed - 1 bath, and the rear unit is a 2 bed - 1 bath, currently rented. Additionally, a detached workshop behind the rear unit features a kitchen, bathroom, and its own electrical meter—offering potential for workspace, rental income, or ADU conversion (buyer to verify all permits and usage). This property is a prime value-add opportunity for investors looking to renovate, increase rental income, flip, or build additional units (buyer to verify with the city). With two separate driveways and a high-demand rental market, there is significant potential to maximize cash flow. The R3 zoning opens the door for multi-unit expansion, making this an ideal project for developers. Sold strictly AS-IS with no repairs or credits – cash offers or hard money loans only. Ideal for experienced investors, developers, or contractors looking for their next project. Serious inquiries only.

Last Agent to Sell the Property

Oscar Jara

SoCal 5 Real Estate Brokerage Phone: 562-235-5163 License #01229428 Listed on: 03/13/2025

Last Buyer's Agent

Oscar Jara

SoCal 5 Real Estate Brokerage Phone: 562-235-5163 License #01229428 Listed on: 03/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,935 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2066
  • Tax Tract Number 4766
  • Assessor Parcel Number 6315008009

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MYR3*
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6315008009
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 366.60
  • Room Type: All Bedrooms Down, Bonus Room

Exterior Features

  • Other Structures: Workshop
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6935.00
  • Lot Size Acres: 0.1592

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6935.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 1800.00

Tax Info

  • Tax Census Tract: 5337.03
  • Tax Lot: 2066
  • Tax Tract Number: 4766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Petersen Frank Hans and Petersen Eric S
Bought by
Petersen Eric S
Current Estimated Value
$732,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Petersen Frank Hans and Valles Agnes
Bought by
Petersen Frank Han and Petersen Eric S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $210,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $720,000 +3.0% $367 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $699,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $6,637 $458,363 $262,617 $195,746
2024 $6,637 $449,376 $257,468 $191,908
2023 $6,524 $440,566 $252,420 $188,146
2022 $6,193 $431,928 $247,471 $184,457
2021 $6,113 $423,460 $242,619 $180,841
2020 $6,150 $419,119 $240,132 $178,987
2019 $5,924 $410,902 $235,424 $175,478
2018 $5,753 $402,846 $230,808 $172,038
2017 $2,589 $167,176 $58,132 $109,044
2016 $2,507 $163,899 $56,993 $106,906
2015 $2,374 $161,438 $56,137 $105,301
2014 $2,378 $158,277 $55,038 $103,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25050667

California Regional Multiple Listing Service (CRMLS)

APN: 6315-008-009