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Key Details
Sold Price $1,095,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $214
MLS Listing ID 25526063
Sold Date 06/12/25
Bedrooms 12
HOA Y/N No
Year Built 1964
Lot Size 9,025 Sqft
Property Description
We are pleased to present 4724 E 58th Street, a 5-unit apartment building in Maywood featuring an ideal unit mix of (4) spacious 2-bed/1-bath units (avg. 935 SF) and a detached 4-bed/2-bath single-family residence (1,360 SF). Priced at $215K per unit and $211/SF, the property offers a 13.36 GRM and 3.91% cap rate on current income, with a 7.47 GRM and 8.59% cap rate on market income. There is a massive amount of upside in the rental income. Each unit includes in-unit washer/dryer hookups and is separately metered for gas and electricity. Detached carport parking in the rear.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MYR3PY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Detached Carport
Carport Spaces 5
Attached Garage No
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6314014009
Special Listing Condition Standard
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty
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Sean McGalis
Realtor & Avid Golfer | License ID: 01707801
Realtor & Avid Golfer License ID: 01707801