Maywood Multifamily Investment
For Sale
$1,795,000
Pending
6048 King Ave, Maywood, CA 90270
MULTI_FAMILY - Maywood, CA
Property Size6,294 SF
Lot Size0.21 Acres
Days on Market147
Property Features for 6048 King Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MYR3YY
Bedrooms
15
Bathrooms
7
Full bathrooms
3
Rooms
Bedroom 15, Bedroom 13, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 7, Bedroom 6, Laundry Room, Bathroom 1, Bathroom 6, Bathroom 7, Bathroom 5, Bedroom 8, Bedroom 2, Bedroom 11, Bedroom 4, Bedroom 5, Bedroom 14, Bedroom 10, Bedroom 9, Bedroom 12, Bathroom 4, Bedroom 1
Parking
6
Parking features
Carport
Directions
West on Slauson Avenue and Turn Left on King Avenue.
Subdivision
Maywood, Bell
Standard status
Pending
APN
6316-004-021
Size
6,294 SF
Lot size
0.21 Acres
Amenities
detached carport parking
on-site laundry facilities
Building Details
Year built
1964
Floors in Building
2
Number of units
7
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Nicholas Petrosian · License #01462598
(949) 607-7096
Added: Mar 6
Changed: Jul 28
Last Checked: Jul 31 at 1:06PM
MLS# 26661187
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property at 6048 King Avenue is a 7-unit apartment building located in Maywood, California. Constructed in 1964, the building occupies a 9,173 square foot lot and comprises approximately 6,294 square feet of building space. The unit mix includes one 3-bedroom/1.5-bath unit (currently utilized as a 4-bedroom without permits) and six 2-bedroom/1-bath units. The property features detached carport parking and on-site laundry facilities. The exterior has been recently painted. The property operates at a 6.12% cap rate and 9.99 GRM based on current income.
Key Highlights
- 7‑unit apartment building built in 1964 in the City of Maywood
- Includes one 3‑bedroom/1.5‑bath unit currently used as a 4‑bedroom without permits, plus six 2‑bedroom/1‑bath units
- Approx. 6,294 SF building space on a 9,173 SF lot
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $200.1k | $31.80 |
| − Vacancy | −$16.0k | −$2.54 |
| EGI | $184.1k | $29.26 |
| − OpEx | −$82.9k | −$13.17 |
| NOI | $101.3k | $16.09 |
6,294 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,275 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,885 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,100
Businesses Nearby
Explore this area
Business Placement
Demographics for 90270, CA
25,113
Population
6,451
Households
3.9
Avg Household Size
33
Median Age
8%
College-Educated
48%
High-School Grad
1.2 sq mi
ZIP Area
20,928
Density / Sq Mi
$61,753
Median Household Income
$30,758
Median Earnings
$1,469
Median Rent
$595,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit apartment building in Maywood with strong unit mix.
Where is this apartment building located?
The property is located at 6048 King Ave Maywood, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 7‑unit apartment building built in 1964 in the City of Maywood; Includes one 3‑bedroom/1.5‑bath unit currently used as a 4‑bedroom without permits, plus six 2‑bedroom/1‑bath units; Approx. 6,294 SF building space on a 9,173 SF lot
