5117 Everett Ave - Apartments FOR SALE


Maywood, CA 90270
$1,200,000 USD
424-405-3826
5117 Everett Ave, Maywood, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/5
null | 5.25% Cap Rate

5117 Everett Ave
Maywood, CA 90270


HIGHLIGHTS

  • Eight-Unit Apartment Property With All Single-Story Units
  • Attractive Value-Add Opportunity: Current rents are approximately 36% below market plus ADU potential (buyer to verify)
  • Large Corner Lot With Ample Yard and Parking Space: 0.39- acre corner lot with 16 parking spaces, plus private patios and shared yard areas
  • High-Demand Rental Location: Located in a dense, supply-constrained Maywood submarket with consistently strong occupancy

OVERVIEW

Marcus & Millichap is pleased to present 5117 Everett Avenue, an eight-unit multifamily investment opportunity in Maywood, California. 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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,147 SF

ZONING

MYR3YY

APN/PARCEL ID

6311-017-038

ASK ABOUT THIS PROPERTY

Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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