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5056 N Maywood Ave, Los Angeles, CA 90041
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5056 N Maywood Ave Los Angeles, CA 90041

$2,590,000 Sold Price as of 09/22/2020
  • 16 Beds
  • 14 Baths
  • -- Sq.Ft.
Sold
$2,590,000 Sold Price as of 09/22/2020 Refinance Your Mortgage
Map preview of 5056 N Maywood Ave, Los Angeles, CA 90041

Property Overview: 5056 N Maywood Ave Los Angeles, CA has 16 bedrooms, 14 bathrooms, -- living square feet and 7,401 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BRAND NEW 2020 CONSTRUCTION BUILDING. ***NO RENT CONTROL!*** This fabulous ground up, modern fourplex with its designer look and feel is ideally located in Eagle Rock a very high demand rental market. 5056 Maywood Ave is made up of four side-by-side townhome style units. All units are 3 story, with spacious floorplans. The property consist of 2 X 4 bedroom 3 bath units over 1600 SQFT each and 2 X 4 Bedroom 4 Full Bath units over 1750 SQFT each. Each rear townhome has a private patio area with direct access into the units. Each unit comes with 2 private car garage with direct access to units.All units are equipped with stainless steel appliance package, Refrigerator / Dishwasher / Gas Stove / Range Hood And Washer Dryer!! All units are separately metered for electric / gas AND WATER! Estimated Certification of Occupancy May 2020. Prime location, no rent control, 1 year builder?s warranty! This amazing investment opportunity offers a realistic CAP rate of 5.85% or higher.

Listed by Kevin Danialifar | BRE #01904911 | Keller Williams Beverly Hills
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
7,401
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20577346
City
Los Angeles
County
Los Angeles
Time on Site
1211 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,800
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,800
  • Total Rent: $4,800
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $169,676
  • Gross Operating Income: $223,200
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $32,400
  • Trash: $1,200
  • Insurance: $3,546
  • Maintenance: $2,000
  • Water/Sewer: $600

Virtual Tour

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Property Details for 5056 N Maywood Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Built-In Storage, Covered, Paved, Garage, Garage - Two Door, Gated, Private
Property Information
  • Total # of Units: 4
  • Parcel Number: 5686005007
  • Architectural Style: Cape Cod
  • Foundation Details: Raised
Location / Neighborhood
Location Information
  • Directions: Colorado Blvd / N. Maywood
View more facts & features

Local Los Angeles Agent

Sale History for 5056 N Maywood Ave

Last sold for $2,590,000 on September 22nd, 2020

  • September, 2020

  • Sep 22, 2020

    Date

    Sold

    CRMLS: 20577346

    $2,590,000

    Price

  • Sep 12, 2020

    Date

    Pending

    CRMLS: 20577346

    $2,700,000

    Price

  • Aug 7, 2020

    Date

    Active Under Contract

    CRMLS: 20577346

    $2,700,000

    Price

  • Jun 10, 2020

    Date

    Price Change

    CRMLS: 20577346

    $2,700,000

    Price

  • May 8, 2020

    Date

    Active

    CRMLS: 20577346

    $2,900,000

    Price

  • September, 2020

  • Sep 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,590,000

    Price

  • January, 2019

  • Jan 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $828,000

    Price

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Tax History for 5056 N Maywood Ave

Assessed Value (2020): $1,115,960
Year Land Value Improved Value Assessed Value
2020 $844,560 $271,400 $1,115,960

Home Value Compared to the Market

This property vs the competition

5056 N Maywood Ave sold on September 22, 2020 for 126.89% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5056 N Maywood Ave

Detailed summary of property

5056 N Maywood Ave is a multi family that recently sold in Los Angeles, CA 90041. This multi family property offered 16 bedrooms, 14 bathrooms, roughly -- living square feet, and sits on an approximately 7,401 square foot lot. 5056 N Maywood Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,590,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 126.89% higher than the current median priced home. Local homes that are currently for sale include 1325 Douglas St, 1402 Allesandro St and 4312 Price St. While the average home in Los Angeles, CA is selling in 94 days, 5056 N Maywood Ave has a days on market of 89 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 5056 N Maywood Ave Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5056 N Maywood Ave

Public county record property details
Beds
3
Baths
1
Year built
1920
Sq. Ft.
1,000
Lot Size
7,400
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5686-005-007

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$801
Median Sold Price
$1,211,000
Median Sold Price/Sq.Ft.
$967
Total Inventory
38
Median Sale to List Price %
101.34%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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