5503 Maywood Avenue, Maywood, CA 90270
- $4,950,000
- 59
- BD
- 29
- BA
- 22,520
- SqFt
- Sold Price
- $4,950,000
- List Price
- $5,500,000
- Closing Date
- Dec 05, 2025
- Status
- CLOSED
- MLS#
- 25587535
- Year Built
- 1963
- Bedrooms
- 59
- Bathrooms
- 29
- Living Sq. Ft
- 22,520
- Lot Size
- 30,022
- Acres
- 0.69
- Days on Market
- 19
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
5503 Maywood Avenue is a unique 28-unit multifamily investment opportunity located in the high-demand Southeast Los Angeles submarket of Maywood. The property features an excellent unit mix comprised of twenty-seven (27) 2-bed/1-bath apartments, built in 1963, plus one (1) detached 5-bed/2-bath single-family residence built in 1923.Offered at a compelling 9.03 GRM and 5.82% Cap Rate on current income, this asset presents both immediate cash flow and long-term upside with projected market metrics of 7.06 GRM and 8.53% Cap Rate. All units are master-metered for gas, electricity, and water, with the exception of the single-family home. The front house will be leased back to the current owner at $3,500/month for a 6-year term, and the buyer will receive an $84,000 rent credit at close of escrow to offset the first 24 months. The on-site laundry room is not currently in use, offering additional upside for future income generation. The property includes (27) open parking spaces and (1) 2-car garage, and is subject to the City of Maywood Rent Stabilization Ordinance.
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 2
- Attached Structure
- Detached
- Number Of Units Total
- 28
- Garage Spaces
- 2
- Levels
- Two
- Parking Spaces
- 29
Listing courtesy of Listing Agent: Nicholas Petrosian (npetrosian@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.
Listing sold by Nicholas Petrosian from Remax Commercial and Investment Realty
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.