5724 Carmelita Avenue
Maywood, CA 90270
Active for $699,999
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 4,445 sqft
MLS | OC24215467 |
Year Built | 1952 |
Property Type | Triplex |
County | Los Angeles |
Status | Active |
Active | $699,999 |
Structure Size | N/A sqft |
Lot Size | 4,445 sqft |
Beds | N/A |
Baths | N/A |
Description
Triplex in Maywood, CA with Strong Investment Upside This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage. With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment. Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation. Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.
Listing information courtesy of: Erik Kaiser, RE/MAX TerraSol 949-244-8394. *Based on information from the Association of REALTORS/Multiple Listing as of 10/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.