5113 E 60th, Maywood, California 90270, Maywood, 90270 - 0 bed, 0 bath
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Maywood, California 90270
Analysis of 5113 E 60th, Maywood, California 90270 is currently available with a list price of $1,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Maywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1964, the property has undergone extensive recent renovations and is described as having minimal near-term capital needs. Key system upgrades include a new roof and new electrical main/sub panels. The exterior features fresh paint and resurfaced balconies with SB 721 compliance, indicating a high standard of maintenance and recent modernization consistent with the excellent rating for renovated assets.
The property features significant recent upgrades including a new roof, upgraded electrical systems, and fresh exterior paint, significantly minimizing near-term capital expenditure for the investor.
Comprising one 3-bedroom/2-bathroom and five 2-bedroom/1-bathroom units, the building is well-positioned to attract families and long-term tenants in a high-demand rental market.
With a completed SB 721 balcony inspection and upgraded code-compliant handrails, the asset offers immediate peace of mind regarding safety standards and liability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6741, other record lot size in square feet = 7005. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4664, other record living area = 1988.
With only seven carport spaces for six multi-bedroom units, parking may be limited for tenants, which could impact the property's competitive edge in a high-density area.
Originally built in 1964, the property may still possess some aging structural or plumbing components typical of its era despite the extensive cosmetic and system renovations.
WOW First time on the market in 30 years! 5113 E. 60th Place presents a rare opportunity to acquire a renovated six unit apartment in the heart of Maywood, offering a true pride of ownership asset that has been extensively upgraded throughout and positioned as a value-add investment with minimal near term capital needs. The property features a well-balanced unit mix of one 3 bedroom 2 bathroom unit and five 2 bedroom 1 bathroom units within a two story building that has undergone significant system and exterior improvements, including a new roof, upgraded electrical systems with a new main panel and interior sub panels, fresh exterior paint, resurfaced magnesite balconies, upgraded code compliant handrails, completed SB 721 balcony inspection, and an on-site laundry facility, and is further enhanced by seven covered carport parking spaces and overall low deferred maintenance, making it a stabilized and well-positioned asset in a strong rental market.
No exterior & parking available.
No sensitive facilities data found.
Jul 6, 2026
$1,495,000
Initial Listing
Jul 22, 2016
$550,000
Public Record