5056 North Maywood Avenue

Los Angeles, CA 90041

$2,590,000
Last Sold Price
16
Beds
14
Baths
6,742 Sq. Ft.
$384 / Sq. Ft.
6,742
Sq. Ft.
$384
per Sq. Ft.

Description

Brand new 2020 construction building. No rent control! This fabulous ground up, modern fourplex with its designer look and feel is ideally located in Eagle Rock a very high demand rental market. 5056 Maywood Ave is made up of four side-by-side townhome style units. All units are 3 story, with spacious floorplans. The property consist of 2 X 4 bedroom 3 bath units over 1600 SQFT each and 2 X 4 Bedroom 4 Full Bath units over 1750 SQFT each. Each rear townhome has a private patio area with direct access...Brand new 2020 construction building. No rent control! This fabulous ground up, modern fourplex with its designer look and feel is ideally located in Eagle Rock a very high demand rental market. 5056 Maywood Ave is made up of four side-by-side townhome style units. All units are 3 story, with spacious floorplans. The property consist of 2 X 4 bedroom 3 bath units over 1600 SQFT each and 2 X 4 Bedroom 4 Full Bath units over 1750 SQFT each. Each rear townhome has a private patio area with direct access into the units. Each unit comes with 2 private car garage with direct access to units. All units are equipped with stainless steel appliance package, Refrigerator / Dishwasher / Gas Stove / Range Hood And Washer Dryer! All units are separately metered for electric / gas AND WATER! Estimated Certification of Occupancy May 2020. Prime location, no rent control, 1 year builder? s warranty! This amazing investment opportunity offers a realistic CAP rate of 5.85% or higher.
  1. Listed by Kevin Danialifar • DRE #01904911 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 5056 North Maywood Avenue

Zoning
LARD1.5
Style
Cape Cod
Cross Streets
Colorado Blvd
Parcel Number
5686005007
Total Units
4.0
Living Area
6742
Source Living Area
Plans
Area
Eagle Rock (618)

Location

Listing Courtesy of Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

Sold By Coldwell Banker Realty Arcadia, Rick Cheng, DRE #01958923

Add your commute
LISTING UPDATED: 09/22/2020 04:33 PM

Property Details for 5056 North Maywood Avenue

StatusSold
MLS #20-577346
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.17 AC / 7,401 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

Sold By Coldwell Banker Realty Arcadia, Rick Cheng, DRE #01958923

Add your commute

Building Information for 5056 North Maywood Avenue

Stories3Residences-Year Built2020Building Size-Lot Size0.17 AC / 7,401 SF

Payment Calculator

$16,879 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,135

Property Taxes

$2,744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5056 North Maywood Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Quadruplex
  • Security Features: Gated
  • Property Condition: New Construction
  • Water: Meter on Property
  • Water Heaters: Yes
  • Water Heater Features: Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Financing: Cash To Existing Loan, Cash To New Loan, Cash, Submit, Owner May Carry
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $223,200
  • Net Operating Income: $169,676.00
  • Gross Income: $223,200
  • Cap Rate: 6.43%
  • Gross Rent Multiplier: $12.00
  • Total Annual Expense: 40746
  • Water Expense: $600.00
  • Trash Expense: $1,200.00
  • Tax Expense: $32,400
  • Gardener Expense: $1,000
  • Insurance Expense: $3,546
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Size Square Feet: 7401
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Attached, Built-In Storage, Covered Parking, Driveway - Pavers, Garage, Garage - 2 Car, Garage Is Attached, Gated, Private, Private Garage
  • Total Parking: 8
  • Covered Parking: 8
  • Parking Features: Built-In Storage, Covered, Paved, Garage, Garage - Two Door, Gated, Private
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Tile
  • Equipment: Dishwasher, Dryer, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Bathroom Features: 2 Master Baths, Shower and Tub
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • Cooking Appliances: Gas
  • Laundry: Garage, In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Asphalt
  • Patio Features: Rock/Stone
  • Construction: 2020
  • Construction MVO: Frame and Stucco
  • Foundation Details: Raised
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-08-2020
  • Listing Terms: Owner May Carry, Submit, Cash, Cash To Existing Loan, Cash To New Loan
  • Rent Control: No
  • Rent Control: 0
  • Tenant Pays: Electricity, Gas, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $4,800.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Dishwasher: 4
  • Number of Disposal: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Patio: 2
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Water Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,900,000.00
  • Assessed Land Value: $1,000,000.00
  • Assessed Total Value: $2,900,000.00

Property History for 5056 North Maywood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5056 North Maywood Avenue

Taxable ValueLand$1,248,480Additions$1,446,156Total$2,694,636
Tax Record2023$32,934 ($2,744 / month)
Home Facts
Total Finished SqFt5,916 SqFtAbove Grade Finished SqFt5,916 SqFtStories1Lot Size7,401 SqFtStyleQuadraplexYear Built1920ZoningLARD1.5CountyLOS ANGELESAPN5686-005-007

Schools near 5056 North Maywood Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Eagle Rock Elementary and Magnet Center
PublicK to 6

Eagle Rock High School
Public7 to 12

PUC International Preparatory Academy
CharterK to 8

Highland Park Continuation 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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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 Keller Williams Beverly Hills, Kevin Danialifar, DRE #01904911

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.