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5117 Everett Maywood, CA 90270
0.39 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26087345
HOA Y/N No
Year Built 1953
Lot Size 0.391 Acres
Property Sub-Type Mixed Use
Property Description
Situated on a large 0.39-acre corner lot, the property comprises a triplex and a five-unit building featuring seven one-bedroom/one-bath units and one studio. All units are single-story with separate gas and electric metering, offering operational efficiency and tenant appeal. Tenants enjoy two parking spaces per unit, as well as a mix of private patios and shared yard areas; these amenities enhance livability and support strong occupancy. The absence of on-site laundry presents a clear value-add opportunity to further increase rental income.
5117 Everett Avenue offers significant upside, with current rents approximately 36 percent below market, allowing a new owner to capture meaningful revenue growth over time. Furthermore, a new investor may explore the potential to develop four ADU's by converting the garages to two ADU's and constructing two detached ADU's (buyer to verify ADU potential).
Maywood's multifamily market is supported by dense population, limited housing supply, and strong renter demand driven by its proximity to major employment hubs throughout Southeast Los Angeles. The area continues to experience consistent occupancy levels, with renters attracted to attainable price points relative to neighboring submarkets. These fundamentals position 5117 Everett Avenue as a compelling investment in a supply-constrained, high-demand rental corridor.
5117 Everett Avenue offers significant upside, with current rents approximately 36 percent below market, allowing a new owner to capture meaningful revenue growth over time. Furthermore, a new investor may explore the potential to develop four ADU's by converting the garages to two ADU's and constructing two detached ADU's (buyer to verify ADU potential).
Maywood's multifamily market is supported by dense population, limited housing supply, and strong renter demand driven by its proximity to major employment hubs throughout Southeast Los Angeles. The area continues to experience consistent occupancy levels, with renters attracted to attainable price points relative to neighboring submarkets. These fundamentals position 5117 Everett Avenue as a compelling investment in a supply-constrained, high-demand rental corridor.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Carport Spaces 8
Garage Description 1.0
Pool None
Community Features Suburban
Total Parking Spaces 16
Private Pool No
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6311017038
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com, DRE #01332755