Renovated Six-Unit Apartment
For Sale
$1,425,000
5113 E 60th PL, Maywood, CA 90270
Renovated six-unit two-story apartment building with an on-site laundry facility and seven covered carport parking spaces.
Property Size4,664 SF
Days on Market114
Property Features for 5113 E 60th PL
General Information
Standard status
Active
Size
4,664 SF
Total Parking Spaces
7
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
6
Amenities
on-site laundry facility
Building Details
Building Size
4,664 SF
Year Built
1964
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams SELA
Listed By:
Victor Ambriz Jr · License #00952349
(562) 334-1511
Source:
Milsteinestates
Added: Jul 3
Changed: Oct 8
Last Checked: Oct 23 at 1:49PM
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 Keller Williams SELA
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Investment Insights
Based on property information with market context.
5113 E 60th Pl is a renovated six-unit two-story apartment building featuring one 3-bedroom, 2-bath unit and five 2-bedroom, 1-bath units. The property 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, and completion of an SB 721 balcony inspection. An on-site laundry facility is also included.
The property is located in Maywood, CA 90270. Additional exterior amenities include seven covered carport parking spaces.
The unit mix and recent upgrades support an apartment building configuration designed for straightforward day-to-day resident use.
The property is located in Maywood, CA 90270. Additional exterior amenities include seven covered carport parking spaces.
The unit mix and recent upgrades support an apartment building configuration designed for straightforward day-to-day resident use.
Key Highlights
- Renovated 6‑unit, two‑story apartment building built in 1964
- Unit mix: one 3 bed / 2 bath unit and five 2 bed / 1 bath units
- New roof and fresh exterior paint, plus resurfaced magnesite balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,047
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,940
$1.5M
Cap Rate 7%
$1,072,100
$1.1M
Cap Rate 9%
$833,856
$833.9K
Market Conditions
NOI Build-Up for 4,664 SF
Gross rent
$148.3K $31.80/SF
− Vacancy
−$11.9K −$2.54/SF
EGI
$136.4K $29.26/SF
− OpEx
−$61.4K −$13.17/SF
NOI
$75.0K $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%
$1,500,940
Cap Rate 7%
$1,072,100
Cap Rate 9%
$833,856
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$938.1K – $1.25M
NOI $75,047 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,796 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
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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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated six-unit two-story apartment building with an on-site laundry facility and seven covered carport parking spaces.
Where is this apartment building located?
The property is located at 5113 E 60th PL Maywood, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Renovated 6‑unit, two‑story apartment building built in 1964; Unit mix: one 3 bed / 2 bath unit and five 2 bed / 1 bath units; New roof and fresh exterior paint, plus resurfaced magnesite balconies
