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Maywood, CA 90270,4108 E 54th ST
Maywood, CA 90270,4108 E 54th ST
Maywood, CA 90270,4108 E 54th ST
$600,000
Est. payment /mo
$599,000
0.2%
Est.Price: ?

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4 Beds
3 Baths
2,388 SqFt
SOLD DATE : 10/15/2019

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,388 sqft

Price per Sqft $251

MLS Listing ID SR19162362

Bedrooms 4

Full Baths 3

Year Built 1941

Lot Size 9,051 Sqft

Property Description

Huge Duplex! One of the largest homes and lots in the city of Maywood. Title has it at 2,388 sq ft with a 9,052 sq ft lot. All 4 bedrooms and 3 bathrooms are listed as well. (3 bedrooms/2 bathrooms in the main house, and 1 bedroom/1 bathroom in the second unit. It's all right there on title. Of course, it's always recommended for buyers to check with city regarding all applicable codes and compliance including zoning and building and safety. But, title already shows home is a duplex, and could be zoned for a third.

The lot appears large enough to support an additional unit. Buyer's should research all local ordinances and zoning to discover feasibility. However; at a modest rate of $1500.00 per month the current additional unit would bring in $18,000.00 per year in rental income. A third unit would bring even more. At a modest GRM of 12X the current existing unit would be demonstrated to be worth $216,000.00 all by itself! That doesn't even include the 3 bedroom / 2 bathroom main house. There is value is this property overall.

Home does need some TLC and updating, but many lovely features including two fireplaces. Built-ins as well! So much space and so much potential for a large family, for income, for both! Terrific neighborhood in Maywood.

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Zoning MYR3*

Interior

Heating Gravity

Cooling Evaporative Cooling

Fireplaces Type Bonus Room, Family Room

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

View Y/N Yes

View Mountain(s), Neighborhood

Building

Lot Description Back Yard, Front Yard, Lawn, Near Public Transit

Story One

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Call Listing Office

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by James Bilinski • James C Bilinski
Bought with Gustavo Jacinto • Intero Real Estate Services
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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