3703 East 54th Street

Maywood, CA 90270

$950,000
Price
4
Beds
4
Baths
2,136 Sq. Ft.
$445 / Sq. Ft.
2,136
Sq. Ft.
$445
per Sq. Ft.

Description

The subject property consists of a detached 2-bedroom / 1-bathroom home and a two-story triplex. The triplex contains (2) 1-bedroom / 1-bath units and (1) single apartment. There are 4 garages. The property is of Class D (wood frame and stucco) construction and was built in 1949. It is individually metered for both gas and electricity and master-metered for water. The SFR recently had all the windows replaced and a some of the windows in the triplex were also replaced. The entire property was painted...The subject property consists of a detached 2-bedroom / 1-bathroom home and a two-story triplex. The triplex contains (2) 1-bedroom / 1-bath units and (1) single apartment. There are 4 garages. The property is of Class D (wood frame and stucco) construction and was built in 1949. It is individually metered for both gas and electricity and master-metered for water. The SFR recently had all the windows replaced and a some of the windows in the triplex were also replaced. The entire property was painted in August 2024. The property has great curbside appeal and is in good condition. The buildings total 2,136 square feet and sit on a 6,075 square foot corner lot (NE Corner of E 54th Street and Loma Vista Street). This property is perfect for an owner / user that can occupy the 2-bedroom house and collect income from the other units, or for a local investor. Please do not contact tenants. Contact listing agents for details.
  1. Listed by Juan Cardenas • DRE #01233927 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
  2. Listed by Nicholas Petrosian • DRE #01462598 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 3703 East 54th Street

Water Front
None
Zoning
MYR3YY
Parcel Number
6311003030
Total Units
4.0
Living Area
2136
Source Living Area
Assessor
Area
Maywood, Bell (T6)
Vacancy Rate
2198
LISTING UPDATED: 08/30/2024 05:33 AM

Property Details for 3703 East 54th Street

StatusActive
MLS #24-433027
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.14 AC / 6,074 SF
CountyLos Angeles County

Building Information for 3703 East 54th Street

Stories2Residences-Year Built1949Building Size-Lot Size0.14 AC / 6,074 SF

Property Information for 3703 East 54th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Fourplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: West
  • Water: Public
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • ADA Compliance: No
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,260
  • Net Operating Income: $41,199.00
  • Gross Income: $73,260
  • Gross Scheduled Income: $73,260
  • Cap Rate: 4.30%
  • Gross Rent Multiplier: $12.90
  • Actual Annual Gross Rent: $73,260.00
  • Actual Gross Annual Income: $73,260
  • Monthly GrossI Income: $6,105.00
  • Actual Rent Total: $73,260.00
  • Financial Info as Of: 08/28/2024
  • Vacancy Allow Dollar: $2,198.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 29863
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1394
  • Lot Size Square Feet: 6074
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Equipment: None
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-28-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,026.00
  • Unit Actual Rent: $24,312.00
  • Unit Projected Rent: $24,312.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $18,000.00
  • Unit Projected Rent: $18,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,354.00
  • Unit Actual Rent: $16,248.00
  • Unit Projected Rent: $16,248.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,225.00
  • Unit Actual Rent: $14,700.00
  • Unit Projected Rent: $14,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $223,865.00
  • Assessed Improvement Percent: 48.72
  • Assessed Land Value: $235,647.00
  • Assessed Land Percent: 51.28
  • Assessed Total Value: $459,512.00
  • Private Transfer Taxes: No

Property History for 3703 East 54th 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 3703 East 54th Street

Taxable ValueLand$240,359Additions$228,342Total$468,701
Tax Record2023$6,990 ($583 / month)
Home Facts
Total Finished SqFt2,136 SqFtAbove Grade Finished SqFt2,136 SqFtLot Size6,072 SqFtStyleTriplexYear Built1949ZoningMYR3YYCountyLOS ANGELESAPN6311-003-030

Schools near 3703 East 54th 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
Loma Vista 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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3703 East 54th Street is a multi-family home for sale in Maywood, CA 90270. This property was listed for sale on August 28, 2024 by Remax Commercial and Investment Realty, it's currently listed at $950,000. It has been on the market for a total of 23 days and was last sold on January 22, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Loma Vista Elementary School, Elizabeth Learning Center and Bell Senior High School. 3703 East 54th Street is a 4-bed, 4-bath, 2,136 sqft multi-family home built in 1949.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Juan Cardenas, DRE #01233927; Remax Commercial and Investment Realty, Nicholas Petrosian, DRE #01462598

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.