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

3738 E 53rd Street, Maywood, California 90270 home-pic-0
ACTIVE$924,900
3738 E 53rd Street, Maywood, California 90270
0Bed
0Bath
1,820Sqft
6,045Lot
Year Built
1963
Close
-
List price
$925K
Original List price
$950K
Price/Sqft
$508
HOA
-
Days on market
-
Sold On
-
MLS number
TR24231634
Home ConditionPoor
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).

Excellent Opportunity – Triplex with Income Potential! Ideal for investors, large families, or owner-occupants, this triplex offers tremendous cash-flow potential in a quiet neighborhood. 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 consists of two buildings: A detached 3-bedroom, 1-bath front unit with a detached garage, recently refreshed with new flooring and paint. Two 1-bedroom units in the rear (one upstairs and one downstairs), each offering private yard space and ample parking behind the front home. With its prime location, versatile layout, and strong rental potential, this property is a must-see for savvy buyers.

Price History

Date
Event
Price
08/08/25
Price Change
$924,900
11/11/24
Listing
$949,900
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
Poor
Built in 1963, this triplex is 61 years old. While the front unit has received recent cosmetic updates like new flooring and paint, the kitchens and bathrooms across all units are significantly outdated in style, appliances, and fixtures, appearing to be original or from a renovation 30-50+ years ago. These major components require substantial rehabilitation to meet modern living standards, indicating a condition beyond minor updates.
Pros & Cons

Pros

Strong Income Potential: As a triplex, the property offers significant cash-flow potential, making it ideal for investors, large families, or owner-occupants seeking rental income.
Prime Location & Accessibility: Conveniently situated near schools, shopping, public transportation, restaurants, parks, and the 710 Freeway, providing quick access to Downtown L.A. and other key areas.
Versatile Unit Mix: Comprises a 3-bedroom front unit and two 1-bedroom rear units, catering to a diverse tenant base and offering flexibility in rental strategies.
Recent Updates to Front Unit: The detached front unit has been recently refreshed with new flooring and paint, enhancing its appeal and potentially reducing immediate tenant turnover costs.
Desirable Tenant Amenities: Includes a detached garage for the front unit, private yard space for the rear units, and ample parking, which are attractive features for renters.

Cons

Age of Property & Potential System Upgrades: Built in 1963, the property's age suggests that major systems (e.g., plumbing, electrical, roof) may be original or require significant capital expenditure in the near future.
Unspecified Condition of Rear Units: Only the front unit is noted as 'recently refreshed.' The condition of the two 1-bedroom rear units is not detailed, implying they may require renovation to maximize rental income and tenant appeal.
Limited Modern Amenities: The description does not mention modern amenities such as central air conditioning, which could be a drawback for tenants in the Southern California climate and potentially impact rental rates.

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