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3528 E 54th Street, Maywood, California 90270, Maywood, 90270 - bed, bath

3528 E 54th Street, Maywood, California 90270 home-pic-0
ACTIVE$898,000
3528 E 54th Street, Maywood, California 90270
0Bed
0Bath
1,612Sqft
5,955Lot
Year Built
1923
Close
-
List price
$898K
Original List price
$898K
Price/Sqft
$557
HOA
-
Days on market
-
Sold On
-
MLS number
PW25142031
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $898.0K(50th), sqft - 1612(43th), beds - undefined(50th), baths - undefined(50th).

Ideal investment opportunity on Multi-Family Living. Discover the unique opportunity to own two residential units in the charming city of Maywood, Ca. Each unit features a well-designed layout with two bedrooms and one bathroom offering a comfortable living. Each unit includes 2 bedrooms and one bathroom, perfect for families or tenants seeking a balance of space and affordability. Fenced property, secure and private, the fenced yard provides peace of mind and outdoor space. This property includes 2-two car garages located at the rear, offering parking and storage space. Situated in a good neighborhood, this property provides easy access to essential services, schools, public transportation, etc.

Condition Rating
Poor
Built in 1923, this property shows significant age and a clear lack of modern updates. The kitchen features dated oak cabinets, tile countertops, and older white appliances, requiring a full renovation. The living areas have dated tile and carpet flooring, and cooling is provided by a wall-mounted AC unit, indicating no central HVAC. While functional, the property requires substantial cosmetic rehabilitation and likely significant system upgrades to address its age and bring it to current living standards.
Pros & Cons

Pros

Income-Generating Duplex: Offers two independent 2-bedroom, 1-bathroom units, presenting a strong multi-family investment opportunity for consistent rental income.
Abundant Parking & Storage: Features two separate two-car garages (totaling four spaces), providing significant value for tenant parking and additional storage in an urban setting.
Secure & Private Outdoor Space: The fully fenced property and yard enhance security, privacy, and offer valuable outdoor living space for tenants.
Strategic Location: Positioned in a desirable neighborhood with excellent access to essential services, schools, and public transportation, ensuring high tenant demand.
Tenant-Friendly Layouts: Each unit's 2-bedroom, 1-bathroom configuration is highly sought after by families and individuals, balancing space and affordability.

Cons

Historic Property Age: Built in 1923, the property's age suggests potential for significant deferred maintenance, outdated infrastructure, and higher capital expenditure for necessary upgrades or repairs.
Lack of Modern Updates: The description does not mention any recent renovations or modern amenities, indicating units may require substantial interior updates to attract premium tenants or maximize rental income.
Absence of Premium Views: The property lacks any notable views, which could limit its appeal to certain renters or buyers seeking additional aesthetic value.

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