6048 King Avenue, Maywood, CA 90270
6048 King Avenue, Maywood, CA 90270
6048 King Avenue, Maywood, CA 90270
6048 King Avenue, Maywood, CA 90270
6048 King Avenue, Maywood, CA 90270
6048 King Avenue, Maywood, CA 90270
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$ 1,795,000
Est. payment | /mo

6,294 SqFt


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$ 1,795,000
Est. payment | /mo
Save

6,294 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,294 sqft

Price per Sqft $285

MLS Listing ID CL26661187

HOA Y/N No

Year Built 1964

Lot Size 9,173 Sqft

Acres 0.2106

Property Sub-Type Other

Property Description

6048 King Avenue is a 7-unit apartment building located in the City of Maywood. Built in 1964, the property sits on a 9,173 square foot lot and contains approximately 6,294 square feet of building space. The building features a strong unit mix of one 3-bedroom/ 1.5-bath unit (currently utilized as a 4-bedroom without permits) and six 2-bedroom / 1-bath units, offering larger bedroom-count units than the one-bedroom dominated inventory common in many small apartment buildings. The offering is priced at $1,795,000 and operates at a 6.12% cap rate and 9.99 GRM based on current income. The property also includes detached carport parking, on-site laundry facilities, and a recently painted exterior, making it a well-maintained asset in a high-demand Maywood rental market.

Location

State CA

County Los Angeles

Zoning MYR3YY

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Laundry Room

Building

New Construction No

Others

Tax ID 6316004021

Bridge MLS
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty

Nearby Locations

Brian McCarthy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@bayareasbestagent.com

1820 Solano Ave, Berkeley, CA, 94707, USA

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6048 King Avenue