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Multifamily

5517 Loma Vista Ave

5517 Loma Vista Ave, Maywood, CA 90270

Listing Price: $873,000

Cap Rate
5.03%
Number of Units
4
Price/Unit
$218,250
Price/Gross SF
$472.40
Gross SF
1,848

Investment Overview

Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents; additionally, one unit can be delivered vacant, making this an even greater value-add opportunity.

Investment Highlights

  • Renovated Fourplex With 17 Percent Potential Upside in Rents
  • One Unit Can Be Delivered Vacant
  • Recent Upgrades Include New Windows, New Flooring, New Kitchens and Baths With Upgraded Cabinetry, A/C, and More
  • Located Two Blocks From Loma Vista Elementary
  • Three Single-Car Garages and Driveway Parking
  • Separately Metered for Gas and Electricity

Exclusively Listed By

Listing Price: $873,000

Cap Rate
5.03%
Number of Units
4
Price/Unit
$218,250
Price/Gross SF
$472.40
Gross SF
1,848

Investment Highlights

  • Renovated Fourplex With 17 Percent Potential Upside in Rents
  • One Unit Can Be Delivered Vacant
  • Recent Upgrades Include New Windows, New Flooring, New Kitchens and Baths With Upgraded Cabinetry, A/C, and More
  • Located Two Blocks From Loma Vista Elementary
  • Three Single-Car Garages and Driveway Parking
  • Separately Metered for Gas and Electricity

Investment Overview

Marcus & Millichap is pleased to present to market 5517 Loma Vista Avenue, a four-unit apartment building for sale in Maywood, California. The building is a recently renovated 1949 construction with all one-bedroom units that are separately metered for gas and electricity. The building also offers three single-car garages, driveway parking, and an extensive list of recent upgrades that includes new windows, new flooring, new kitchens and baths, new a/c, upgraded electrical and gas, and more. The property is located two blocks from Loma Vista Elementary School in a dense rental area with consistently low vacancy rate. 5517 Loma Vista Avenue presents a great opportunity for an investor to acquire a renovated asset an capture 17 percent potential upside in rents; additionally, one unit can be delivered vacant, making this an even greater value-add opportunity.

Exclusively Listed By

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