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4101 E 57th, Maywood, California 90270, Maywood, 90270 - 5 bed, 3 bath

4101 E 57th, Maywood, California 90270 home-pic-0
ACTIVE$799,000
4101 E 57th, Maywood, California 90270
5Beds
3Baths
1,530Sqft
4,626Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Producing Duplex: The property is a fully occupied duplex, offering a solid opportunity for investors seeking dependable income in a high-demand rental market.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$799.0K vs avg $885.0K ($-86,000)43%
Size:1,530 sqft vs avg 1,814 sqft43%
Price/sqft:$522 vs avg $51371%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this property is significantly aged. While the description states it is 'well-kept' and 'fully occupied,' implying basic maintenance, there are no interior images to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior features. The exterior photos show an older structure with basic upkeep but no signs of recent modernization. Given the age and lack of renovation details, it's highly probable that the major systems and interior finishes are outdated and would require substantial updates to meet current standards, aligning with the 'Fair' category's criteria of being aged but maintained, with functional but outdated major components.
Year Built
1923
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$522
HOA
-
Days on market
-
Sold On
-
MLS number
AR25263287
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Patio
ViewNeighborhood, Trees/Woods

About this home

Situated in a quiet neighborhood setting, this well-kept duplex offers a solid opportunity for investors seeking dependable income in a high-demand rental market. The property is fully occupied and features a desirable unit mix consisting of a 3 bedroom 2 bathroom front unit and a 2 bedroom 1 bathroom rear unit. Both units are well laid out and appeal to long-term tenants, supporting stable occupancy. This asset is well suited for an entry-level investor or a buyer looking to secure future owner-user potential. The configuration allows for the possibility of living in one unit and renting the other at a later date, or continuing to hold as a straightforward, income-producing property. Its central location offers convenient access to major employment centers, schools, shopping, and key transportation routes, contributing to consistent tenant demand. Overall, 4101 E 57th St presents a reliable and versatile investment in a strong rental corridor, with long-term stability and practical upside for its next owner.

Price History

Date
Event
Price
07/25/13
Sold
$350,000
Condition Rating
Fair
Built in 1923, this property is significantly aged. While the description states it is 'well-kept' and 'fully occupied,' implying basic maintenance, there are no interior images to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior features. The exterior photos show an older structure with basic upkeep but no signs of recent modernization. Given the age and lack of renovation details, it's highly probable that the major systems and interior finishes are outdated and would require substantial updates to meet current standards, aligning with the 'Fair' category's criteria of being aged but maintained, with functional but outdated major components.
Pros & Cons

Pros

Income-Producing Duplex: The property is a fully occupied duplex, offering a solid opportunity for investors seeking dependable income in a high-demand rental market.
Stable Occupancy & Tenant Demand: Units are well laid out and appeal to long-term tenants, supporting stable occupancy and consistent tenant demand due to its strong rental corridor.
Versatile Investment Potential: Suitable for an entry-level investor or a buyer looking for future owner-user potential, allowing for living in one unit and renting the other.
Central Location & Accessibility: Its central location provides convenient access to major employment centers, schools, shopping, and key transportation routes, enhancing tenant appeal.
Desirable Unit Mix: Features a desirable unit mix of a 3-bedroom, 2-bathroom front unit and a 2-bedroom, 1-bathroom rear unit, catering to diverse tenant needs.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Age of Property & Potential for Outdated Systems: Built in 1923, the property's age suggests potential for outdated infrastructure (plumbing, electrical, HVAC) that may require significant capital expenditure in the future, even if currently 'well-kept'.
Lack of Mentioned Modern Amenities: The description does not highlight modern amenities such as dedicated parking for each unit, private outdoor spaces, or in-unit laundry, which are increasingly desired by tenants.
Limited Lot Size for Expansion: With a lot size of 4626 sqft, there might be limited potential for significant future expansion, such as adding an Accessory Dwelling Unit (ADU) or increasing density, depending on local zoning regulations.

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