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5724 Carmelita Ave, Maywood, CA, 90270

$699,999

Home List Price

$8,312*

Closing Credit

0 Baths
Multi

Location

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5724 Carmelita Ave, Maywood$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage
Garage3 spaces
Year Built1952
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #OC24215467
Lot Size0.10 Acres
StatusActive

About 5724 Carmelita Ave

Triplex in Maywood, CA with Strong Investment Upside This is a fantastic opportunity to own a fully occupied triplex in the heart of Maywood, CA. Each of the three units is a 1-bedroom, 1-bath, offering privacy and convenience with its own separate garage. With a potential Gross Rent Multiplier (GRM) of 12.84, this property is already a solid income generator, but here's the kicker—there’s substantial upside potential! In just two years, projections show the GRM improving to 11.41, significantly increasing your return on investment. Located in a high-demand rental market, these units are perfect for investors looking for long-term gains or someone who wants additional income if its a personal residence. Whether you’re looking to build your portfolio or find a cash-flowing property with growth potential, this triplex offers the perfect mix of immediate returns and future appreciation. Reach out or see it today and take advantage of this rare opportunity! Buyer and buyers agent to verify all stated informaiton as some informaiton may be incorrect.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1952
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX TerraSol
  • Office Email: erikfkaiser@gmail.com
  • Listing Agent: Erik Kaiser

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Water Heater
  • Flooring Type: Carpet, Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Maywood Academy High School, Public District Grades 9-12
  • Bell Senior High School, Public District Grades 9-12
  • Elizabeth Learning Center, Public District Grades KG-12
  • Chester W. Nimitz Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Loma Vista Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: N of E Slauson, E of S. Downey Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999

Tax Information:

  • Annual Amount: $2,755
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Maywood, CA.

Med. List Price

$697.4K

Med. Price/SqFt

$479

Avg. Days On Market

80

# of Sold Homes

3

5724 Carmelita Ave vs Maywood

3 DAYS ON ROCKET

-77 Days

$699,999

+$2.5K More

KEY TAKEAWAY

This property is $2.5K more than the Median List Price in Maywood, CA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24215467

Listing Office:

  • Office Name: RE/MAX TerraSol
  • Office Email: erikfkaiser@gmail.com
  • Listing Agent: Erik Kaiser

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,755$150,809
2020$2,676$149,264
2019$2,579$146,338
2018$2,467$143,469
2017$2,467$140,657

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-529290
6
/10
  • Loma Vista Elementary School

  • 3629 E 58th St

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-529291
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.77 miles

  • Public Magnet Grades KG-6

school-card-donut-529292
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.77 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-529293
3
/10
  • Chester W. Nimitz Middle School

  • 6021 Carmelita Ave

  • 0.25 miles

  • Public Magnet Grades 6-8

school-card-donut-529294
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.28 miles

  • Public District Grades 6-8

High School

school-card-donut-529295
3
/10
  • Maywood Academy High School

  • 6125 Pine Ave

  • 0.61 miles

  • Public District Grades 9-12

school-card-donut-529296
6
/10
  • Bell Senior High School

  • 4328 Bell Ave

  • 1.23 miles

  • Public District Grades 9-12

school-card-donut-529297
4
/10
  • Elizabeth Learning Center

  • 4811 Elizabeth St

  • 1.97 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,688. Most Maywood, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyMaywood902705724 Carmelita Ave

This home is located at 5724 Carmelita Ave in Maywood, CA and zip code 90270 in the The Southeast neighborhood. This home, which was built in 1952, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $699,999.

The number of listings in Maywood, CA decreased by 13.3% between August 2024 and September 2024. While the average time on the market in September 2024 was 80 days, the median list price was $697,450.

From Rocket Homes Real Estate and based on county public records data.

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