Remodeled Triplex With
New
For Sale
$965,000
4023 E 58th, Maywood, CA 90270
Updated three-unit property with private laundry hookups, separate utility meters, and rear garage parking.
Property Size2,577 SF
Days on Market6
Property Features for 4023 E 58th
General Information
Standard status
Active
Size
2,577 SF
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
3
Amenities
private laundry hookups
Building Details
Building Size
2,577 SF
Year Built
1923
Year Renovated
2022
Buildings
1
Tenancy
Multi
Listing Agency:
FIRST CHOICE REALTY SOLUTIONS
Listed By:
Paul Grino · License #01885577
(909) 626-8989
Source:
Milsteinestates
Added: Sep 7
Changed: Sep 10
Last Checked: Sep 12 at 10:05AM
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 FIRST CHOICE REALTY SOLUTIONS
Investment Insights
Based on property information with market context.
This three-unit residential income property includes two 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit. The front, upstairs, and rear residences each provide large closets, storage, and private laundry hookups. A detached rear garage offers space for three vehicles, while separate gas and electric meters serve the units.
Improvements completed in September 2022 included vinyl flooring, bathroom renovations, tile work, recessed lighting, and interior and exterior paint. The property also received plumbing and electrical updates, along with roof repairs incorporating new shingles and plywood. All three units have been occupied by tenants since 2022. The property is located on E 58th Street in Maywood, near the 710 freeway, dining, and shopping.
Improvements completed in September 2022 included vinyl flooring, bathroom renovations, tile work, recessed lighting, and interior and exterior paint. The property also received plumbing and electrical updates, along with roof repairs incorporating new shingles and plywood. All three units have been occupied by tenants since 2022. The property is located on E 58th Street in Maywood, near the 710 freeway, dining, and shopping.
Key Highlights
- Three 2‑bedroom units: two with 1 bath and one with 2 baths
- Renovations completed in September 2022
- Rear 3‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$900,080
$900.1K
Cap Rate 7%
$642,914
$642.9K
Cap Rate 9%
$500,044
$500.0K
Market Conditions
NOI Build-Up for 2,577 SF
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.
Gross rent
$69.6K $27.00/SF
− Vacancy
−$5.3K −$2.05/SF
EGI
$64.3K $24.95/SF
− OpEx
−$19.3K −$7.48/SF
NOI
$45.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$900,080
Cap Rate 7%
$642,914
Cap Rate 9%
$500,044
Alternative Uses
Best Use
Multifamily LT 5
$642.9K
$562.6K – $750.1K
NOI $45,004 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$592.4K
$518.3K – $691.1K
NOI $41,466 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,580 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,333
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Updated three-unit property with private laundry hookups, separate utility meters, and rear garage parking.
Where is this triplex located?
The property is located at 4023 E 58th Maywood, CA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Three 2‑bedroom units: two with 1 bath and one with 2 baths; Renovations completed in September 2022; Rear 3‑car garage
