5601 Fishburn Avenue, Maywood

Maywood Home For Sale

We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. The property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential.

Property Details

5601 Fishburn AvenueSquare Ft: 7,948Lot Size: 0.44Bedrooms: 3Bathrooms: 2Price: $2,825,000Zip: 90270
MLS® #: 24397495Levels: TwoGarages: 12School District: Days on Market: 46Listed By: Jonathan Weir, Marcus & Millichap

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    Maywood
  • County:
    Los Angeles
  • Zip:
    90270
  • MLS® #:
    24397495
  • Bedrooms:
    3
  • Bathrooms:
    2
  • Square Ft:
    7,948
  • Lot Size:
    0.44
  • Levels:
    Two
  • Garages:
    12
  • HOA Dues:
    $

Price Change History for 5601 Fishburn Avenue, Maywood, (MLS® #24397495)

Date Details Price Change
Active Under Contract (from Active)
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Based on information from California Regional Multiple Listing Service, Inc. as of July 13th, 2024 at 4:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.