5724 Carmelita Avenue, Property Listing: MLS® #OC24215467

Triplex in Maywood, CA with Strong Investment Upside This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage. With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kickertheres substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment. Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether youre looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation. Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.

5724 Carmelita Avenue, Property Listing: MLS® #OC24215467 Close
Page Summary
  • MLS® #: OC24215467
  • 5724 Carmelita Avenue
  • , CA 90270
  • $699,999
  • 0.10 Acres
  • Office: Re/max Terrasol

Triplex in Maywood, CA with Strong Investment Upside This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage. With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kickertheres substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment. Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether youre looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation. Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.

Supplemental Remarks

Essential Information

  • MLS® #OC24215467
  • Listing Price$699,999
  • Original Listing Price$699,999
  • Date ListedOctober 16th, 2024
  • Days on Market12
  • Bathrooms0.00
  • Acres0.10
  • Lot Sq.Ft.4,445
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$81

Community Information

  • Address5724 Carmelita Avenue
  • AreaMAYWOOD (90270)
  • CountyLos Angeles
  • StateCA
  • Zip Code90270

Amenities

  • PoolN/K

Interior

  • CoolingN/K
  • # of Stories2

Exterior

  • ExteriorStucco
  • Lot DescriptionSidewalks
  • RoofComposition
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Listing information last updated on October 31st, 2024 at 8:23pm PDT.