4108 E 54th Street
Maywood, CA 90270
- 4 beds
- 3 baths
- 2,388 sqft
- 9,052 sqft lot
- $251 per sqft
- 1941 build
- – on site
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Huge Duplex! One of the largest homes and lots in the city of Maywood. Title has it at 2,388 sq ft with a 9,052 sq ft lot. All 4 bedrooms and 3 bathrooms are listed as well. (3 bedrooms/2 bathrooms in the main house, and 1 bedroom/1 bathroom in the second unit. It's all right there on title. Of course, it's always recommended for buyers to check with city regarding all applicable codes and compliance including zoning and building and safety. But, title already shows home is a duplex, and could be zoned for a third. The lot appears large enough to support an additional unit. Buyer's should research all local ordinances and zoning to discover feasibility. However; at a modest rate of $1500.00 per month the current additional unit would bring in $18,000.00 per year in rental income. A third unit would bring even more. At a modest GRM of 12X the current existing unit would be demonstrated to be worth $216,000.00 all by itself! That doesn't even include the 3 bedroom / 2 bathroom main house. There is value is this property overall. Home does need some TLC and updating, but many lovely features including two fireplaces. Built-ins as well! So much space and so much potential for a large family, for income, for both! Terrific neighborhood in Maywood.
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Last updated Apr 18, 2024
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MLS# SR19162362 —
Walk Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/15/19
Oct 15, 2019
|
Sold | CRMLS_CA | $600,000 | |
|
4/11/19
Apr 11, 2019
|
Listed / Active | CRMLS_CA |