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6048 King Ave
Maywood, CA 90270

$1,950,000 USD

Apartments For Sale  •  6,294 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,294 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 5.52 %
  • Zoning MYR3YY
0 Transit Score
92 Walk Score

Highlights

Excellent Unit Mix: (1) 3-Bed / 1.5-Bath Unit and (6) 2-Bed / 1-Bath Units (3-Bed currently utilized as 4-Bed without permits)
5.52% cap rate and 10.86 GRM based on current income
On-Site Laundry Facility available for residents
Recently Painted Exterior providing strong curb appeal
Individually Metered for Gas and Electricity allowing tenants to pay their own utilities

Financial Summary (Proforma)

Net Operating Income: $107,716 USD (2026)
Cap Rate: 5.52 %
Total Expenses: $70,115 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Range
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.5 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.1 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 25 min - 15.5 mi
Los Angeles International 29 min - 18.4 mi
Bob Hope 34 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Covered
Included in Rent: Yes
Nicholas Petrosian 949-607-7096 RE/MAX Commercial & Investment Realty
Nicholas Petrosian 949-607-7096 RE/MAX Commercial & Investment Realty