
Maywood, California 90270
This Triplex Investment Asset is listed at $924,900, currently positioned above its $777,636 Fair Market Value. Featuring a Condition Rating of 4, the property offers significant Value-Add Potential through the renovation of its two rear 1-bedroom units and strategic rent repositioning of the 3-bedroom front house. Key amenities include a Large Patio, a brand-new driveway, and a 2-car garage on a 6,045 sqft lot. Located near the 710 Freeway and Downtown L.A., this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-unit income generator with long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3738 E 53rd Subject | $924,900* List Price | 0 | 0 | 1,820 | $427 | - |
A 4539 E 53rd St Sold | $910,000 | 5 | 4 | 2,100 | $433 | 0.8 mi |
B 5115 Loma Vista Active | $865,000 List Price | 0 | 0 | 1,809 | $478 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963, making it 61 years old. While the front house has been 'recently refreshed with new flooring and paint,' this is a cosmetic update and does not indicate extensive renovation of major systems, kitchens, or bathrooms. The description explicitly mentions the 'ability to reposition rents, add upgrades,' suggesting that significant updates are still needed. The images show a well-maintained exterior for its age, but no interior photos of kitchens or bathrooms are provided, making it highly probable these areas are outdated. The presence of a window AC unit further suggests older systems. The property is functional but requires minor to moderate updates beyond superficial cosmetic work to meet current standards.
This triplex offers immediate rental income and significant long-term growth potential, with month-to-month tenancy providing flexibility for rent repositioning and value-add upgrades.
Situated in a quiet Maywood neighborhood, the property boasts excellent proximity to schools, shopping, public transportation, major freeways (710), and quick access to Downtown L.A. and other key areas.
The property's layout and income-generating potential make it ideal for a broad range of buyers, including investors, large families seeking multi-generational living, or owner-occupants looking to offset mortgage costs.
Built in 1963, the property may have older underlying systems (e.g., plumbing, electrical, HVAC) that could require significant capital expenditures in the future, despite recent cosmetic updates to one unit.
Only the front house is explicitly mentioned as 'refreshed,' suggesting the two 1-bedroom units in the rear building may be in their original condition or require more substantial renovation to maximize rental income and tenant appeal.
While month-to-month leases offer flexibility for rent increases, they also carry the risk of higher tenant turnover, potential challenges with tenant relocation, or resistance during efforts to implement significant upgrades or rent adjustments.
Exceptional Investment Opportunity – Triplex with Cash Flow & Future Upside! Ideal for investors, large families, or owner-occupants, this triplex offers both immediate rental income and significant long-term growth potential. Situated in a quiet Maywood neighborhood, the property is conveniently located near schools, shopping, public transportation, restaurants, parks, and the 710 Freeway—with quick access to Downtown L.A., Atlantic Blvd, Slauson Blvd, Maywood City Hall, and The Citadel Outlets in Commerce. The property features two separate buildings: Front House: A detached 3-bedroom, 1-bath home with a 2-car garage, recently refreshed with new flooring and paint. Rear Building: Two 1-bedroom, 1-bath units (one upstairs, one downstairs), each with private yard space. Additional highlights include onsite parking, a large patio area, and a brand-new driveway providing ample space for residents and guests. With its prime location, versatile layout, and month-to-month tenancy structure, this triplex offers the ability to reposition rents, add upgrades, or explore redevelopment for even greater returns. A perfect blend of current income and future upside, this is a must-see property for savvy buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,820 | 1,820 | 50% |
| Lot Size | 6,045 | 6,112 | 29% |
| Price | $924.9K | $888.0K | 71% |
| Price per sq ft | $508 | $508 | 50% |
| Built year | 1963 | 1952 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 212 | 208 | 71% |
Sep 22, 2025
$924,900
Initial Listing
Aug 11, 2022
$775,000
Public Record
May 8, 2013
$388,000
Public Record
Dec 11, 2012
$261,000
Public Record
Sep 29, 2004
$395,000
Public Record