6048 King Avenue, Maywood, CA 90270
List Price: $1.79M
Listing Status: Active
Original List Price: $1.95M
0Days on Market: 58
15 Bedrooms · 7 Bathrooms · 6,294 sq ft
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 9,173 sq ft
MLS Number: 26661187
About This Property
6048 King Avenue is a 7-unit apartment building located in the City of Maywood. Built in 1964, the property sits on a 9,173 square foot lot and contains approximately 6,294 square feet of building space. The building features a strong unit mix of one 3-bedroom/ 1.5-bath unit (currently utilized as a 4-bedroom without permits) and six 2-bedroom / 1-bath units, offering larger bedroom-count units than the one-bedroom dominated inventory common in many small apartment buildings. The offering is priced at $1,795,000 and operates at a 6.12% cap rate and 9.99 GRM based on current income. The property also includes detached carport parking, on-site laundry facilities, and a recently painted exterior, making it a well-maintained asset in a high-demand Maywood rental market.
Listing provided by: Nicholas Petrosian DRE #01462598 213-817-1000 npetrosian@remaxcir.com, Remax Commercial and Investment Realty
Source: CRMLS, MLS #: 26661187
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.