4508 East 53rd Street

Maywood, CA 90270

$865,900
Price
4
Beds
4
Baths
2,036 Sq. Ft.
$425 / Sq. Ft.
2,036
Sq. Ft.
$425
per Sq. Ft.

Description

Discover an exceptional investment opportunity in the heart of Maywood! This rare-to-find 4-unit property features each 1 bedroom and 1 bath, providing steady income and great potential for appreciation. The property includes a 3-car garage and additional parking in the driveway, offering convenient parking options. Located within walking distance to a local elementary school and shopping center, this property is also close to the 710 and 5 freeways, providing easy access to major destinations. With...Discover an exceptional investment opportunity in the heart of Maywood! This rare-to-find 4-unit property features each 1 bedroom and 1 bath, providing steady income and great potential for appreciation. The property includes a 3-car garage and additional parking in the driveway, offering convenient parking options. Located within walking distance to a local elementary school and shopping center, this property is also close to the 710 and 5 freeways, providing easy access to major destinations. With long-term tenants ensuring payment stability, this property is perfect for both new and experienced investors looking to expand their portfolio. Don't miss out on this fantastic chance to own a prime piece of real estate in Maywood! Please do not disturb the tenants. Contact us today for more information
  1. Listed by Sarah Lin • DRE #01485177 • Brokerage DRE #01525721 • Castle Realty Homes • 562-307-2296

Property Details for 4508 East 53rd Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2036
Assessor Parcel Number
6313-006-013

Location

Listing Courtesy of Castle Realty Homes, Sarah Lin, DRE #01485177
Add your commute
LISTING UPDATED: 04/24/2024 09:47 AM

Property Details for 4508 East 53rd Street

StatusActive
MLS #DW24073824
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.15 AC / 6,354 SF
CountyLos Angeles County

Location

Listing Courtesy of Castle Realty Homes, Sarah Lin, DRE #01485177
Add your commute

Building Information for 4508 East 53rd Street

Stories1Residences-Year Built1950Building Size-Lot Size0.15 AC / 6,354 SF

Payment Calculator

$4,922 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,726

Property Taxes

$196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4508 East 53rd Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $51,300
  • Net Operating Income: $49,300
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Current Financing: None
Expense Details
  • Operating Expense: $2,585
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $585
  • Total Expenses: $2,585
Tax / Assessment Info
  • Tax Tract Number: 5952
  • Tax Census Tract: 5337.01
  • CFD/Mello-Roos Fee: $2,352
  • Tax Lot: 2527
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
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: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1600
  • 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: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $975
  • Unit Type Total Rent: $975
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 4508 East 53rd 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 4508 East 53rd Street

Taxable ValueLand$29,501Additions$65,798Total$95,299
Tax Record2023$2,352 ($196 / month)
Home Facts
Total Finished SqFt2,036 SqFtAbove Grade Finished SqFt2,036 SqFtLot Size6,352 SqFtStyleQuadraplexYear Built1950ZoningMYR3PYCountyLOS ANGELESAPN6313-006-013

Schools near 4508 East 53rd 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
Maywood 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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4508 East 53rd Street is a multi-family home for sale in Maywood, CA 90270. This property was listed for sale on April 14, 2024 by Castle Realty Homes, it's currently listed at $865,900. This listing's school district is Los Angeles Unified School District. Nearby schools include Maywood Elementary School, Elizabeth Learning Center and Bell Senior High School. 4508 East 53rd Street is a 4-bed, 4-bath, 2,036 sqft multi-family home built in 1950.

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 Castle Realty Homes, Sarah Lin, DRE #01485177

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.