5601 Fishburn Avenue

Maywood, CA 90270

$3,298,800
Price
3
Beds
14
Baths
7,948 Sq. Ft.
$415 / Sq. Ft.
7,948
Sq. Ft.
$415
per Sq. Ft.

Description

Reduction ! Great income property in city of Maywood … ideal for investors. It is under professional management for years with majority long time/stable tenancies. All 14 units are fully occupied. All tenants are current on rent, next annual rent adjustment in 3 months on December, 2023. Owned laundry machines… EXTRA income; Also, 12 parking stall and 12 more 1-car garage used as storage for additional rental income; low maintenance landscape; Walk to Fishburn Avenue Elementary School; Close to main...Reduction ! Great income property in city of Maywood … ideal for investors. It is under professional management for years with majority long time/stable tenancies. All 14 units are fully occupied. All tenants are current on rent, next annual rent adjustment in 3 months on December, 2023. Owned laundry machines… EXTRA income; Also, 12 parking stall and 12 more 1-car garage used as storage for additional rental income; low maintenance landscape; Walk to Fishburn Avenue Elementary School; Close to main street Atlantic Blvd, Maywood Shopping Center, restaurants, and easy access to Fwy 710.
  1. Listed by TONY P.H. CHEN • DRE #00924710 • Brokerage DRE #01071264 • CANDET PROPERTIES, INC. • tonychen@candet.com
  2. Listed by AMY LI • DRE #01901635 • Brokerage DRE #01071264 • CANDET PROPERTIES, INC.

Property Details for 5601 Fishburn Avenue

Parking Spaces Total
24
Private Pool
No
Cooling Type
Wall/Window
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7948
Assessor Parcel Number
6312-018-001

Location

Listing Courtesy of CANDET PROPERTIES, INC., TONY P.H. CHEN, DRE #00924710; CANDET PROPERTIES, INC., AMY LI, DRE #01901635
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LISTING UPDATED: 04/23/2024 01:45 AM

Property Details for 5601 Fishburn Avenue

StatusActive
MLS #WS23157703
Days on Market248
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
CountyLos Angeles County

Location

Listing Courtesy of CANDET PROPERTIES, INC., TONY P.H. CHEN, DRE #00924710; CANDET PROPERTIES, INC., AMY LI, DRE #01901635
Add your commute

Building Information for 5601 Fishburn Avenue

Building/Complex5601 Fishburn AveFloor-Stories2Residences-Pet Policy-Year Built1926Building Size-

Payment Calculator

$18,756 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,003

Property Taxes

$753

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5601 Fishburn Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $238,108
  • Gross Scheduled Income: $249,400
  • Net Operating Income: $218,057
  • Number Of Rented Garages: 6
  • Garage Rental Rate: $75
  • Garage Income: $6,480
  • Laundry Income: $4,000
  • Gross Multiplier: 13.23
Expense Details
  • Operating Expense: $31,343
  • Gardener Expense: $2,280
  • Fuel Expense: $470
  • Pest Control Expense: $940
  • Electric Expense: $1,364
  • Insurance Expense: $4,912
  • Professional Management Expense: $10,177
  • Trash Expense: $7,900
  • Water Sewer Expense: $3,300
  • Total Expenses: $31,343
Tax / Assessment Info
  • Tax Tract Number: 3648
  • Tax Census Tract: 5334.02
  • CFD/Mello-Roos Fee: $3,798
  • Tax Lot: 1278
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Interior Features: Granite Counters, Storage, Tile Counters
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Tile
Exterior Features
  • Roof: Flat
  • Entry Location: Fisbburn Ave
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Sprinklers None
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 12
  • Uncovered Spaces: 12
  • Open Other Spaces Total: 12
  • Parking Garage Spaces: 12
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 11
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $14,649
  • Unit Type Total Rent: $14,649
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,320
  • Unit Type Total Rent: $4,320
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 14
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1

Property History for 5601 Fishburn 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 5601 Fishburn Avenue

Taxable ValueLand$125,530Additions$257,668Total$383,198
Tax Record2023$9,037 ($753 / month)
Home Facts
Total Finished SqFt7,948 SqFtAbove Grade Finished SqFt7,948 SqFtLot Size19,347 SqFtStyleMulti-Family Res (5+ Units)Year Built1926ZoningMYR3YYCountyLOS ANGELESAPN6312-018-001

Schools near 5601 Fishburn Avenue

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.

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5601 Fishburn Avenue is a multi-family home for sale in Maywood, CA 90270. This property was listed for sale on August 25, 2023 by CANDET PROPERTIES, INC., it's currently listed at $3,298,800. This listing's school district is Los Angeles Unified School District. Nearby schools include Fishburn Avenue Elementary School, Elizabeth Learning Center and Bell Senior High School. 5601 Fishburn Avenue is a 3-bed, 14-bath, 7,948 sqft multi-family home built in 1926.

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 CANDET PROPERTIES, INC., TONY P.H. CHEN, DRE #00924710; CANDET PROPERTIES, INC., AMY LI, DRE #01901635

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.