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    5517 Loma Vista Avenue

    Maywood, CA 90270
    • $873,000
    • STATUS: ACTIVE
    • ON SITE: 26 days
    • ID#: PW21076095
    UPDATED: 64 min ago
    $873,000
    • 1
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents. Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.welcometosandiegorealestate.com/homes/116023822
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    5517 Loma Vista Avenue Maywood, CA 90270

    • Price: $873,000
    • Status: ACTIVE
    • Updated: 64 min ago
    • ID#: PW21076095
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Maywood (90270)
    County:
    Los Angeles
    Area:
    Maywood (90270)
    Property Description
    Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents. Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents.
    Exterior Features

    Pool N/K

    Interior Features

    Stories 1 Story Total Baths Unit1 1

    Property Features

    Actual Cap Rate 5.03 Annual Expense Actual 19267 Buildings 1 Gross Rent Multiplier Actual 13.41 Gross Scheduled Income Actual 65100 Terms Cash Unit Number For Unit1 1 Unit1 Rent Actual 1356.0 Zoning Assessor

    Listing provided courtesy of Steven M. Bogoyevac, Broker. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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