Maywood, Bell (T6) Homes with None Parking features

Maywood, Bell (T6) Homes with None Parking features

Welcome to Maywood, a vibrant gem nestled within the heart of Los Angeles County, California. This charming community, located just a stone's throw away from Huntington Park, is known for its rich cultural tapestry and welcoming atmosphere. With its proximity to major freeways and public transportation, Maywood offers residents easy access to the bustling energy of downtown Los Angeles while maintaining a cozy, small-town feel.

Maywood is characterized by its diverse neighborhoods, where you’ll find an array of homes that cater to various lifestyles and budgets. One unique feature of many properties in this area is the absence of designated parking spots. This presents a fantastic opportunity for those who appreciate the convenience of street parking or prefer to embrace a more walkable lifestyle. Imagine stepping out of your door and being just moments away from local shops, parks, and eateries that reflect the vibrant culture of the community.

The homes in Maywood often boast charming architectural details, with many showcasing a blend of traditional and modern styles. Whether you’re a first-time homebuyer or looking to invest, the properties in this area offer a unique chance to become part of a close-knit community filled with friendly neighbors and local events.

Maywood is not just a place to live; it’s a place to thrive. With a strong sense of community and a wealth of amenities at your fingertips, this is the perfect spot to call home. Explore the possibilities that await you in Maywood—where every street tells a story and every home is a doorway to new adventures.

Newest Maywood, Bell (T6) Homes with None Parking features

$4,488,888
32 Beds ⋅ 16 Baths ⋅ 26990161 MLS ⋅ Active Status
We are pleased to present 3700-3718 E. 61st Street, a 15+1 NC unit multifamily investment opportunity in Huntington Park, situated on an expansive 22,730SF corner lot at E. 61st Street and Loma Vista Avenue. The property offers a unique and diversified structural composition rarely found in a single offering, comprised of a front corner duplex and rear duplex at 3700 E. 61st Street, along with three separate 4-unit, two-story structures at 3710, 3714, and 3718 E. 61st Street, providing a new owner with a varied unit mix spread across four distinct structures. Significant value-add potential exists through the conversion of the property's existing exterior carport structures into ADUs, an opportunity supported by the large double-lot configuration and ample on-site parking (buyer to verify feasibility). Each of the three 4-unit buildings features its own dedicated onsite laundry room with a washer, dryer, and dedicated water heater, providing tenant convenience and an additional income stream with upside potential through owner-operated machines. The property offers approximately 16 total parking spaces, including 12 carport spaces serving the three 4-unit buildings and 3 additional carport spaces plus a single-car garage at the 3700 parcel, along with 12 private storage units located above the carports, a rare amenity in the submarket. Offered at $4,488,888 ($299,259/unit), the offering reflects a 7.44% current cap rate and 9.36 GRM on in-place income, with approximately 7% rental upside to market driving a 7.88% proforma cap rate and 8.74 GRM. All four structures are separately metered for gas and electricity, simplifying ownership and reducing owner-paid utility expense exposure. Located in Huntington Park, a dense, high-demand rental submarket in southeast Los Angeles County characterized by limited owner-occupant turnover and consistent multifamily tenant demand.

3700 E 61st Street, Huntington Park

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.