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Key Details
Sold Price $741,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22054102
Year Built 1950
Lot Size 5,083 Sqft
Property Description
Great investment opportunity in the City of Maywood. This Duplex property has 2 addresses. 5514 & 5518. The unit at 5514 consists of 2 bedrooms, 1 bathroom, 1 car garage with additional storage room and a long driveway for more vehicles. Unit at 5518 consists of 2 bedrooms, 2 bathrooms, 1 car garage and driveway. The tenants enjoy the luxury of a big backyard and patio area. The storage room at the rear of the property can be used to generate additional income or the potential of building an accessory dwelling unit (ADU) making the property a (3) unit property maximizing cash flow. Unit at 5514 will be delivered vacant. Property offers so much potential. Perfect for buyers looking to live in one unit and have tenants help pay for their mortgage OR a great opportunity for investors searching for a rental investment.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MUR3*
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type None
Laundry In Kitchen
Exterior
Parking Features Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Landscaped, Paved, Yard
Story One
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Special Listing Condition Trust
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Bought with Julio Carrasco • Century 21 Allstars