NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! | 3536 E 52nd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! 3536 E 52nd St
9 Unit Apartment Building $2,350,000 ($261,111/Unit) 6.32% Cap Rate Maywood, CA 90270
Investment Highlights
- 6.32% CURRENT CAP RATE! | 11.31 GRM!
- UNIT MIX: (1) 3-Bed/1-Bath Detached Cottage, & (8) 2-Bed/1-Bath Units
- Tenants Enjoy Onsite Garage Parking & Interior Laundry Hookups | Walking Distance to Major Shopping Center, Public Transportation & Schools
- 4 SEPARATE STRUCTURES: (1) Detached Cottage, (2) Single-Story Triplexes, & (1) 2-Story Duplex
- 6,427 Rental Sq. Ft. | LARGE 17,384 Sq. Ft. Lot
Executive Summary
NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! We are proud to exclusively offer for sale this 9 unit multi-family residential investment property located in the city of Maywood. This multi-family residential property comprises 9 units spread across four separate structures, one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. The unit mix is comprised of one 3-Bedroom/1-Bathroom detached cottage, six 2-Bedroom/1-Bathroom units, and two 1-Bedroom/1-bathroom units. The total rentable square footage is 6,427 sqft and is situated on a large 17,384 sqft lot.
Investors will appreciate the solid in place CAP rate and aggressive GRM. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
Investors will appreciate the solid in place CAP rate and aggressive GRM. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$207,745
|
$32.32
|
| Other Income |
$720
|
$0.11
|
| Vacancy Loss |
$6,232
|
$0.97
|
| Effective Gross Income |
$202,233
|
$31.47
|
| Taxes |
$30,924
|
$4.81
|
| Operating Expenses |
$23,667
|
$3.68
|
| Total Expenses |
$54,591
|
$8.49
|
| Net Operating Income |
$147,642
|
$22.97
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $207,745 |
| Annual Per SF | $32.32 |
| Other Income | |
|---|---|
| Annual | $720 |
| Annual Per SF | $0.11 |
| Vacancy Loss | |
|---|---|
| Annual | $6,232 |
| Annual Per SF | $0.97 |
| Effective Gross Income | |
|---|---|
| Annual | $202,233 |
| Annual Per SF | $31.47 |
| Taxes | |
|---|---|
| Annual | $30,924 |
| Annual Per SF | $4.81 |
| Operating Expenses | |
|---|---|
| Annual | $23,667 |
| Annual Per SF | $3.68 |
| Total Expenses | |
|---|---|
| Annual | $54,591 |
| Annual Per SF | $8.49 |
| Net Operating Income | |
|---|---|
| Annual | $147,642 |
| Annual Per SF | $22.97 |
Property Facts
| Price | $2,350,000 | Apartment Style | Low Rise |
| Price Per Unit | $261,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.40 AC |
| Cap Rate | 6.32% | Building Size | 6,427 SF |
| Gross Rent Multiplier | 11.31 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 3.58/1,000 SF |
| Price | $2,350,000 |
| Price Per Unit | $261,111 |
| Sale Type | Investment |
| Cap Rate | 6.32% |
| Gross Rent Multiplier | 11.31 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 6,427 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 3.58/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Pantry
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $2,487 | - |
| 2+1 | 6 | $1,925 | - |
| 1+1 | 2 | $1,648 | - |
PROPERTY TAXES
| Parcel Number | 6311-018-017 | Total Assessment | $635,222 (2024) |
| Land Assessment | $295,451 (2024) | Annual Taxes | $30,924 ($4.81/SF) |
| Improvements Assessment | $339,771 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
6311-018-017
Land Assessment
$295,451 (2024)
Improvements Assessment
$339,771 (2024)
Total Assessment
$635,222 (2024)
Annual Taxes
$30,924 ($4.81/SF)
Tax Year
2023
zoning
| Zoning Code | R3, Maywood (Multiple Dwelling) |
| R3, Maywood (Multiple Dwelling) |
-
Kristopher German -
The Apartment Dealer
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! | 3536 E 52nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.