Listing Courtesy of: CRMLS / Listed By: Michael Gomez, Golden Feather Investments, Inc - Contact: 562-805-5267
3538 E 56th Street Maywood, CA 90270
Active (6 Days)
$1,095,000 (USD)
3,000
SQFT
Description
MLS #:
DW26240107
DW26240107
Lot Size
9,253 SQFT
9,253 SQFT
Type
Multifamily
Multifamily
Year Built
1953
1953
County
Los Angeles County
Los Angeles County
Listed By
Michael Gomez, Golden Feather Investments, Inc, Contact: 562-805-5267
Source
CRMLS
Last checked Nov 14 2026 at 4:32 PM GMT+0000
CRMLS
Last checked Nov 14 2026 at 4:32 PM GMT+0000
Bathroom Details
Interior Features
- Laundry: Common Area
Lot Information
- Level
- Near Public Transit
- Rectangular Lot
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Parking
- Assigned
Additional Information: Golden Feather Investments, Inc | 562-805-5267
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {11/14/26 08:32} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
The property offers five single car garages, 10 total parking spaces, gated entry, and on site laundry. Additional income is generated through parking, laundry, and pet fees. Gas and electricity are separately metered. Currently producing a 5.42% cap rate and an 11.69 GRM, the property offers approximately 17% rental upside, subject to the City of Maywood Rent Ordinance No. 23-07.
A major value add feature is the potential to convert the existing garage space into a 2 bedroom, 2 bathroom ADU. This opportunity could add another income producing unit and further enhance the property's earning potential. Buyers must independently verify ADU feasibility, zoning, parking, building requirements, and permitting with the City of Maywood. Any improvements are subject to applicable approvals.
Located approximately seven miles southeast of Downtown Los Angeles, Maywood is a densely populated, predominantly renter occupied community with established housing demand. The property offers convenient access to the I-710 freeway, industrial and freight employment centers, and employment hubs throughout Southeast Los Angeles County. Nearby amenities include Maywood Towne Center, Maywood Village Square, and K Plaza.
3538 East 56th Street offers investors the opportunity to acquire an income producing asset with multiple revenue streams, rental upside, substantial parking, and ADU potential. Its combination of existing cash flow and value add possibilities makes this an exciting opportunity in an established Los Angeles County rental market.
Do not disturb tenants. Do not visit the property without a scheduled appointment through the listing agent. All showings and property inquiries must be coordinated with the listing agent.