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Maywood, CA 90270 5601 Fishburn Avenue

$3,298,800

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Presented By: TONY P.H. CHEN with CANDET PROPERTIES, INC.; tonychen@candet.com
  • MLS# WS23157703
  • 08/25/2023
  • Request Tour
  • Request Info
  • BedBeds • 17
  • BathBaths • 2
  • FootageSQFT • 7,948
  • GarageGarage • 12

Home Details

REDUCTION ! Great income property in city of Maywood … ideal for investors. It is under professional management for years with majority long time/stable tenancies. All 14 units are fully occupied. All tenants are current on rent, next annual rent adjustment in 3 months on December, 2023. Owned laundry machines… EXTRA income; Also, 12 parking stall and 12 more 1-car garage used as storage for additional rental income; low maintenance landscape; Walk to Fishburn Avenue Elementary School; Close to main street Atlantic Blvd, Maywood Shopping Center, restaurants, and easy access to Fwy 710.
Presented By: TONY P.H. CHEN with CANDET PROPERTIES, INC.; tonychen@candet.com

Interior Features for 5601 Fishburn Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 5601 Fishburn Avenue

AccessibilityParking
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMaywood
Community FeaturesCurbs
CoolingWallWindowUnits
CountyLos Angeles
Days on Market242
DirectionsFwy 710 S, exit Atlantic Blvd. Right on 56th St. left on Fishburn Ave.
Electric Expense1364.0
Entry LocationFisbburn Ave
Fuel Expense470.0
Garage Spaces12.0
Garage Y/NYes
Gross Income238108.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense4912.0
Interior FeaturesGraniteCounters, Storage, TileCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet19347.0
MLS AreaT6 - Maywood, Bell
MobileHomeRemainsYNNo
Net Operating Income218057.0
New ConstructionNo
Number of Units Leased14
Open Parking Spaces12.0
Operating Expense31343.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameFishburn
Tax Lot1278
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent18969.0
Total Units14
Trash Expense7900.0
View Y/NNo
Water Sewer Expense3300.0
Waterfront Y/NNo
Year Built1926
Year Built SourceAssessor
ZoningMYR3YY

Exterior for 5601 Fishburn Avenue

Building Area Total7948.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, SprinklersNone
Lot Size Acres0.4441
Lot Size Area19347.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters15
Number of Separate Gas Meters15
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking24.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,298,800
MLS#WS23157703
List Date 08/25/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors