Excellent investment opportunity in the City of Maywood! This R3-zoned lot features two detached units with strong income potential and room for future development. The front unit is a 3 bed - 1 bath, and the rear unit is a 2 bed - 1 bath, currently rented. Additionally, a detached workshop behind the rear unit features a kitchen, bathroom, and its own electrical meteroffering potential for workspace, rental income, or ADU conversion (buyer to verify all permits and usage). This property is a prime value-add opportunity for investors looking to renovate, increase rental income, flip, or build additional units (buyer to verify with the city). With two separate driveways and a high-demand rental market, there is significant potential to maximize cash flow. The R3 zoning opens the door for multi-unit expansion, making this an ideal project for developers. Sold strictly AS-IS with no repairs or credits - cash offers or hard money loans only. Ideal for experienced investors, developers, or contractors looking for their next project. Serious inquiries only.
MLS# | DW25050667 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1923 |
Days On Site | 43 |
Listing Provided By | SoCal 5 Real Estate 323-842-6222 | Oscar Jara |
SQ Feet | 1,964 |
---|---|
Story(s) | 1 |
Units | 3 |
Building(s) | 3 |
Zoning | MYR3* |
Acreage | 0.16 |
Property View | Yes |
State | CA |
---|---|
County | Los Angeles |
City | Maywood |
Zip Code | 90270 |
Area | T6 Maywood | Bell |
Listing VS Median (in 90270) | |
Price: $699,000 low | high Med: $699,000 SqFt: 1,964 low | high Med: 1,964 $ / SqFt: $356 low | high Med: $356 On site: 43 low | high Med: 43.000000 |