5100 E 60th Place Maywood, CA 90270
Excellent investment opportunity in the City of Maywood! This R3-zoned lot features two detached units with strong income potential and room for future development. The front unit is a 3 bed - 1 bath, and the rear unit is a 2 bed - 1 bath, currently rented. Additionally, a detached workshop behind the rear unit features a kitchen, bathroom, and its own electrical meter - offering potential for workspace, rental income, or ADU conversion (buyer to verify all permits and usage). This property is a prime value-add opportunity for investors looking to renovate, increase rental income, flip, or build additional units (buyer to verify with the city). With two separate driveways and a high-demand rental market, there is significant potential to maximize cash flow. The R3 zoning opens the door for multi-unit expansion, making this an ideal project for developers. Sold strictly AS-IS with no repairs or credits - cash offers or hard money loans only. Ideal for experienced investors, developers, or contractors looking for their next project. Serious inquiries only.
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Price History
| date | event | price | source |
|---|---|---|---|
|
05/22/2025
05/22/2025
|
Sold |
$720,000
|
CA Regional MLS (CRMLS) |
|
03/31/2025
03/31/2025
|
Pending |
$699,000
|
CA Regional MLS (CRMLS) |
|
03/13/2025
03/13/2025
|
Active |
$699,000
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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