5-Unit Apartment
3538 E 56th Street, Maywood, CA 90270
For Sale
New
$1,095,000
Five occupied residences share gated access, on-site laundry, and a total of 10 parking spaces.
Property Size3,000 SF
Lot Size0.21 Acres
Price / SF$365
Days on Market6
Property Features for 3538 E 56th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
gated entry
on site laundry
Building Details
Building Size
Year Built
Listing Agency:
Golden Feather Investments, Inc
Listed By:
Michael Gomez · License CA #02112209
Source:
Archetyperealty
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 12 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Feather Investments, Inc
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Investment Insights
Based on property information with market context.
Built in 1953, this five-unit apartment property contains five one-bedroom, one-bathroom residences with approximately 3,000 square feet of building area on a 9,253-square-foot lot. All units are occupied. The site includes five single-car garages, 10 parking spaces, gated entry, and on-site laundry. Gas and electricity are separately metered, with additional revenue from parking, laundry, and pet fees.
A possible garage conversion to a two-bedroom, two-bathroom ADU is identified, subject to independent review of feasibility, zoning, parking, building requirements, and City of Maywood permitting and approvals. The property is approximately seven miles southeast of Downtown Los Angeles, with access to I-710 and nearby employment centers. Maywood Towne Center, Maywood Village Square, and K Plaza are also identified as nearby amenities.
A possible garage conversion to a two-bedroom, two-bathroom ADU is identified, subject to independent review of feasibility, zoning, parking, building requirements, and City of Maywood permitting and approvals. The property is approximately seven miles southeast of Downtown Los Angeles, with access to I-710 and nearby employment centers. Maywood Towne Center, Maywood Village Square, and K Plaza are also identified as nearby amenities.
Key Highlights
- Five occupied one‑bedroom, one‑bathroom apartments
- Approximately 3,000 SF of building area on a 9,253 SF lot
- Five single‑car garages and 10 total parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,272
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,440
$965.4K
Cap Rate 7%
$689,600
$689.6K
Cap Rate 9%
$536,356
$536.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$95.4K $31.80/SF
− Vacancy
−$7.6K −$2.54/SF
EGI
$87.8K $29.26/SF
− OpEx
−$39.5K −$13.17/SF
NOI
$48.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,440
Cap Rate 7%
$689,600
Cap Rate 9%
$536,356
Alternative Uses
Best Use
Apartment 5plus
$689.6K
$603.4K – $804.5K
NOI $48,272 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,433 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
963
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
$595,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five occupied residences share gated access, on-site laundry, and a total of 10 parking spaces.
Where is this apartment building located?
The property is located at 3538 E 56th Street Maywood, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Five occupied one‑bedroom, one‑bathroom apartments; Approximately 3,000 SF of building area on a 9,253 SF lot; Five single‑car garages and 10 total parking spaces
