
Maywood, California 90270
This Detached Triplex Asset represents a Strong Value Opportunity, with a List Price of $900,000—positioned well below the $955,592 Fair Market Value by 5%. This valuation provides $55,592 in Instant Equity. While maintaining a Condition Rating of 4, the property features three independent 2BR/1BA dwellings, offering superior tenant privacy and Value-Add Potential through modernization. Located adjacent to Waterfront Park, this high-density lot ensures consistent rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4957 E 59th Subject | $900,000* List Price | 0 | 0 | 2,506 | $381 | - |
A 4539 E 53rd St Sold | $910,000 | 5 | 4 | 2,100 | $433 | 0.6 mi |
B 5124 E 59th Pl Active | $899,000 List Price | 0 | 0 | 1,930 | $466 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, these units are described as well-maintained but show clear signs of age. The interiors feature outdated kitchen cabinetry, older white appliances, and basic finishes that appear to be 20+ years old. While functional and suitable for long-term tenants, the property lacks modern updates to its major systems and aesthetic features.
The property features three detached single-story homes, offering tenants superior privacy and reduced noise compared to traditional shared-wall apartments, which significantly increases long-term tenant retention.
Situated adjacent to Waterfront Park and within walking distance to local schools and shops, the location provides excellent lifestyle convenience and ensures consistent rental demand.
With long-term stable tenants already in place, there is a significant opportunity for an investor to realize upside potential by gradually adjusting rents to current market rates.
Built in 1950, the property may require ongoing maintenance or future capital expenditures for aging systems such as plumbing and electrical, despite its well-maintained status.
Accommodating three separate 2-bedroom dwellings on a 7,242 sqft lot results in high density, which may limit private outdoor space and guest parking options in a busy residential area.
Three detached single story, well maintained 2br/1ba homes; each with own laundry hook up and attached own garage or carport. Adjacent to Waterfront park, walking distance to schools and shops. Long term stable tenants with great potentials.
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 | 2,506 | 1,980 | 86% |
| Lot Size | 7,242 | 6,665 | 57% |
| Price | $900.0K | $888.0K | 57% |
| Price per sq ft | $359 | $433 | 43% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 189 | 14% |
Feb 27, 2026
$900,000
Initial Listing
Jan 16, 2018
$675,000
Public Record
Feb 8, 2008
$550,000
Public Record
May 17, 2006
$695,000
Public Record
Feb 8, 2005
$543,000
Public Record
Dec 31, 1998
$208,500
Public Record