3650 E 52nd St - Apartments FOR SALE


Maywood, CA 90270
$2,900,000 USD
323-405-2310
3650 E 52nd St, Maywood, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/6
null | 5.25% Cap Rate

3650 E 52nd St
Maywood, CA 90270


HIGHLIGHTS

  • Well-maintained 20-unit multifamily investment located in the City of Maywood, offering a quiet residential setting with strong long-term tenancy
  • Situated on an expansive ± 17,600 SF corner lot, providing open space, strong parking coverage
  • Surrounded primarily by single - family homes, immediately adjacent to the City of Vernon industrial employment network
  • Approximately 63% upside in gross rental income through unit turnover and targeted upgrades
  • Desirable unit mix consisting of (16) one - bedrooms, (2) two - bedrooms, and (2) studios

OVERVIEW

3650 E 52nd Street presents the opportunity to acquire a well-maintained 20-unit apartment community located in the City of Maywood, an incorporated Los Angeles County municipality separate from the City of Los Angeles. The property sits on an expansive ±17,600 SF double corner lot within a quiet residential neighborhood comprised of primarily single-family homes. Offered at an attractive basis of $145,000 per unit and $220 per square foot, the asset is positioned below replacement cost and benefits from strong workforce-driven demand due to its proximity to the City of Vernon industrial employment hub, making it a compelling value-add opportunity with more than 60% upside in gross potential rental income through natural turnover and strategic renovations

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

20

PRICE/UNIT

$145,000

CAP RATE

5.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casa Del Sol

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,960 SF

ZONING

MYR3*

APN/PARCEL ID

6311-015-001

ASK ABOUT THIS PROPERTY

Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adam EstrinFred Leeds PropertiesMore Info
323-405-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.