3738 E 53rd, Maywood, California 90270, Maywood, 90270 - bed, bath

3738 E 53rd, Maywood, California 90270 home-pic-0
ACTIVE$924,900
3738 E 53rd, Maywood, California 90270
0Bed
0Bath
1,820Sqft
6,045Lot
Year Built
1963
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$508
HOA
-
Days on market
-
Sold On
-
MLS number
TR25222912
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $924.9K(50th), sqft - 1820(50th), beds - undefined(50th), baths - undefined(50th).

Exceptional Investment Opportunity – Triplex with Cash Flow & Future Upside! Ideal for investors, large families, or owner-occupants, this triplex offers both immediate rental income and significant long-term growth potential. Situated in a quiet Maywood neighborhood, the property is conveniently located near schools, shopping, public transportation, restaurants, parks, and the 710 Freeway—with quick access to Downtown L.A., Atlantic Blvd, Slauson Blvd, Maywood City Hall, and The Citadel Outlets in Commerce. The property features two separate buildings: Front House: A detached 3-bedroom, 1-bath home with a 2-car garage, recently refreshed with new flooring and paint. Rear Building: Two 1-bedroom, 1-bath units (one upstairs, one downstairs), each with private yard space. Additional highlights include onsite parking, a large patio area, and a brand-new driveway providing ample space for residents and guests. With its prime location, versatile layout, and month-to-month tenancy structure, this triplex offers the ability to reposition rents, add upgrades, or explore redevelopment for even greater returns. A perfect blend of current income and future upside, this is a must-see property for savvy buyers.

Price History

Date
Event
Price
09/22/25
Listing
$924,900
08/11/22
Sold
$775,000
05/08/13
Sold
$388,000
12/11/12
Sold
$261,000
09/29/04
Sold
$395,000
Condition Rating
Fair

The property was built in 1963, making it 61 years old. While the front house has been 'recently refreshed with new flooring and paint,' this is a cosmetic update and does not indicate extensive renovation of major systems, kitchens, or bathrooms. The description explicitly mentions the 'ability to reposition rents, add upgrades,' suggesting that significant updates are still needed. The images show a well-maintained exterior for its age, but no interior photos of kitchens or bathrooms are provided, making it highly probable these areas are outdated. The presence of a window AC unit further suggests older systems. The property is functional but requires minor to moderate updates beyond superficial cosmetic work to meet current standards.
Pros & Cons

Pros

Strong Investment Potential: This triplex offers immediate rental income and significant long-term growth potential, with month-to-month tenancy providing flexibility for rent repositioning and value-add upgrades.
Strategic Location & Accessibility: Situated in a quiet Maywood neighborhood, the property boasts excellent proximity to schools, shopping, public transportation, major freeways (710), and quick access to Downtown L.A. and other key areas.
Versatile Property Use: The property's layout and income-generating potential make it ideal for a broad range of buyers, including investors, large families seeking multi-generational living, or owner-occupants looking to offset mortgage costs.
Recent Cosmetic Updates & Amenities: The front house has been recently refreshed with new flooring and paint, and the property benefits from a brand-new driveway, onsite parking, a large patio, and private yard spaces for the rear units.
Redevelopment Upside: Beyond rent repositioning and upgrades, the property description explicitly mentions exploring redevelopment for even greater returns, indicating potential for future expansion or higher-density use.

Cons

Property Age & Potential Deferred Maintenance: Built in 1963, the property may have older underlying systems (e.g., plumbing, electrical, HVAC) that could require significant capital expenditures in the future, despite recent cosmetic updates to one unit.
Partial Renovation Scope: Only the front house is explicitly mentioned as 'refreshed,' suggesting the two 1-bedroom units in the rear building may be in their original condition or require more substantial renovation to maximize rental income and tenant appeal.
Tenant Management & Transition Risk: While month-to-month leases offer flexibility for rent increases, they also carry the risk of higher tenant turnover, potential challenges with tenant relocation, or resistance during efforts to implement significant upgrades or rent adjustments.

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