4031 East 56th Street

Maywood, CA 90270

$500,000
Last Sold Price
2
Beds
2
Baths
856 Sq. Ft.
$584 / Sq. Ft.
856
Sq. Ft.
$584
per Sq. Ft.

Description

Please do not disturb tenants. Submit offer subject to interior inspection. Great opportunity for owner occupant or as an investment property. Can be sold together with neighboring property 4027 E 56th St MLS# PW22008961 for a total of $1,350,000. Seller intends to perform an IRC Section 1031 tax-deferred exchange. Both properties are R3 lots, per city can build up to 4 units on each parcel, buyer to verify. Income upside potential, month to month tenants are all long term and will be delivered occupied....Please do not disturb tenants. Submit offer subject to interior inspection. Great opportunity for owner occupant or as an investment property. Can be sold together with neighboring property 4027 E 56th St MLS# PW22008961 for a total of $1,350,000. Seller intends to perform an IRC Section 1031 tax-deferred exchange. Both properties are R3 lots, per city can build up to 4 units on each parcel, buyer to verify. Income upside potential, month to month tenants are all long term and will be delivered occupied. Each unit has a separate gas meter and electrical meter. No fha.
  1. Listed by Michelle Gonzalez • DRE #01427179 • Brokerage DRE #01030870 • RE/MAX College Park Realty

Property Details for 4031 East 56th Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
856
Assessor Parcel Number
6312-014-023
Property Attached YN
false

Location

Listing Courtesy of RE/MAX College Park Realty, Michelle Gonzalez, DRE #01427179

Sold By RE/MAX College Park Realty, Michelle Gonzalez, DRE #01427179

Add your commute
LISTING UPDATED: 03/03/2022 06:24 AM

Property Details for 4031 East 56th Street

StatusClosed
MLS #PW22008965
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.22 AC / 9,371 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX College Park Realty, Michelle Gonzalez, DRE #01427179

Sold By RE/MAX College Park Realty, Michelle Gonzalez, DRE #01427179

Add your commute

Building Information for 4031 East 56th Street

Stories-Residences-Year Built1937Building Size-Lot Size0.22 AC / 9,371 SF

Payment Calculator

$3,449 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$720

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4031 East 56th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $1,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 3544
  • Tax Census Tract: 5334.02
  • CFD/Mello-Roos Fee: $692
  • Tax Lot: 1088
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Value In Land
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: RV Access
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: RV Access/Parking
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $700
  • Unit Type Total Rent: $700
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 4031 East 56th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4031 East 56th Street

Taxable ValueLand$540,600Additions$71,400Total$612,000
Tax Record2023$8,643 ($720 / month)
Home Facts
Total Finished SqFt856 SqFtAbove Grade Finished SqFt856 SqFtLot Size9,371 SqFtStyleDuplexYear Built1937ZoningMYR3YYCountyLOS ANGELESAPN6312-014-023

Schools near 4031 East 56th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fishburn Avenue Elementary School
PublicK to 5

Elizabeth Learning Center
PublicK to 12

Bell Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX College Park Realty, Michelle Gonzalez, DRE #01427179

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.