8-Unit Apartment
For Sale
$1,200,000
5117 Everett Ave, Maywood, CA 90270
Single-story residences offer private patios, shared yard areas, and separate gas and electric metering.
Property Size3,904 SF
Lot Size0.39 Acres
Days on Market109
Property Features for 5117 Everett Ave
General Information
Standard status
Active
Size
3,904 SF
Lot size
0.39 Acres
Property subtype
Multifamily
Units
Unit Mix
7 x 1BR/1BA, 1 x studio
Multifamily Units
8
Parking per Unit
2
Additional Details
Cap Rate
5.25%
Amenities
private patios
shared yard areas
Eight-Unit Apartment Property With All Single-Story Units: Asset comprises a triplex and a five-unit building featuring a mix of seven one-bedrooms and one studio
Attractive Value-Add Opportunity: Current rents are approximately 36% below market, offering significant upside potential through strategic rent increases and operational improvements.
Large Corner Lot With Ample Yard and Parking Space: 0.39- acre corner lot with 16 parking spaces, plus private patios and shared yard areas that support tenant retention and demand
High-Demand Rental Location: Located in a dense, supply-constrained Maywood submarket with consistently strong occupancy driven by proximity to major Southeast Los Angeles employment centers.
Building Details
Building Size
3,904 SF
Buildings
2
Stories
1
Units
8
Listing Agency:
(562) 257-1289
Listed By:
David O'Keefe · License #License(s): CA: 01928739
(562) 257-1289
Source:
Marcusmillichap
Added: May 14
Changed: Aug 29
Last Checked: Aug 29 at 11:55PM
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 David O'Keefe
Investment Insights
Based on property information with market context.
Located at 5117 Everett Ave in Maywood, California, this eight-unit apartment property occupies a 0.39-acre corner lot. The improvements include a triplex and a separate five-unit building, with seven one-bedroom/one-bath units and one studio. All residences are single-story, and each has separate gas and electric metering.
Parking is provided at two spaces per unit. Outdoor features include a combination of private patios and shared yard areas. The property does not currently include on-site laundry, leaving that amenity as a potential future improvement. Its Maywood setting places the asset within Southeast Los Angeles and near the employment centers identified in the property information.
Parking is provided at two spaces per unit. Outdoor features include a combination of private patios and shared yard areas. The property does not currently include on-site laundry, leaving that amenity as a potential future improvement. Its Maywood setting places the asset within Southeast Los Angeles and near the employment centers identified in the property information.
Key Highlights
- Eight units across a triplex and five‑unit building
- Unit mix includes seven one‑bedroom/one‑bath units and one studio
- 0.39‑acre corner lot at 5117 Everett Ave, Maywood, CA 90270
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
$68,178
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
5.68%
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%
$1,363,560
$1.4M
Cap Rate 7%
$973,971
$974.0K
Cap Rate 9%
$757,533
$757.5K
Market Conditions
NOI Build-Up for 3,904 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
$105.4K $27.00/SF
− Vacancy
−$8.0K −$2.05/SF
EGI
$97.4K $24.95/SF
− OpEx
−$29.2K −$7.48/SF
NOI
$68.2K $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%
$1,363,560
Cap Rate 7%
$973,971
Cap Rate 9%
$757,533
Alternative Uses
Best Use
Multifamily LT 5
$974.0K
$852.2K – $1.14M
NOI $68,178 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$897.4K
$785.2K – $1.05M
NOI $62,818 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,313 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,068
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 - Single-story residences offer private patios, shared yard areas, and separate gas and electric metering.
Where is this apartment building located?
The property is located at 5117 Everett Ave Maywood, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eight units across a triplex and five‑unit building; Unit mix includes seven one‑bedroom/one‑bath units and one studio; 0.39‑acre corner lot at 5117 Everett Ave, Maywood, CA 90270
