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4425 E 57th Street, Maywood, California 90270, Maywood, 90270 - bed, bath

4425 E 57th Street, Maywood, California 90270 home-pic-0
ACTIVE$950,001
4425 E 57th Street, Maywood, California 90270
0Bed
0Bath
2,711Sqft
9,787Lot
Year Built
1922
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
RS25082654
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(71th), sqft - 2711(71th), beds - undefined(50th), baths - undefined(50th).

Nice 2 units in Maywood that need some TLC front units features 3 bedrooms 2 baths and a bonus room with its own separate entrance( unknown if permitted) and 1 car garage, the back unit which was built around 15 years ago has 3 bedrooms and 2 1/2 bath with a 2 car garage, there is also another 2 car garage unknown if permitted seller says it is buyer to do own due diligence and satisfy themselves as of the size and permits of the property, Property has a lot of possibilities with a 9785 sq. ft. lot, good for 2 families or for investors. This is a probate sale that does not requires court confirmation. Front house has solar panels buyer to assume lease at COE.

Price History

Date
Event
Price
09/01/98
Sold
$157,000
07/31/96
Sold
$130,000
Condition Rating
Poor
The property, particularly the front unit built in 1922, explicitly 'needs some TLC' and requires substantial repairs and rehabilitation. Images of the front unit's kitchen and bathroom reveal extremely dated cabinetry, appliances, fixtures, and finishes, indicating a need for complete renovation. Flooring and light fixtures also appear very old. While the back unit was built more recently (around 15 years ago), no images are provided to assess its condition, and the overall property description and visible state of the front unit suggest significant investment is needed to bring the property up to modern standards. The presence of unpermitted structures further complicates the property's condition.
Pros & Cons

Pros

Income-Generating Duplex: Property features two distinct units (3 bed/2 bath and 3 bed/2.5 bath), offering significant rental income potential or flexible multi-generational living arrangements.
Generous Lot Size: A substantial 9787 sq. ft. lot provides ample outdoor space, potential for expansion, or enhanced privacy, which is a premium in urban settings.
Newer Construction for Back Unit: The rear unit, built approximately 15 years ago, offers more modern amenities and potentially fewer immediate maintenance concerns compared to the older front unit.
Streamlined Probate Sale: The sale is a probate that does not require court confirmation, simplifying and potentially expediting the transaction process for buyers.
Solar Panel Equipped: The front unit benefits from existing solar panels, which can lead to reduced energy costs for occupants, enhancing its long-term value proposition (buyer assumes lease).

Cons

Extensive Renovation Needs: The property explicitly 'needs some TLC,' indicating that significant repairs, upgrades, and modernization will be required, particularly for the older front unit.
Permitting Irregularities: The presence of unpermitted structures (bonus room, additional 2-car garage) creates legal and financial risks, requiring thorough buyer due diligence and potential costly legalization or removal.
Age-Related Maintenance: The front unit, built in 1922, is over a century old, suggesting potential for outdated systems, structural issues, and higher ongoing maintenance and repair expenses.

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