Property Detail

Description

WOW First time on the market in 30 years! 5113 E. 60th Place presents a rare opportunity to acquire a renovated six unit apartment in the heart of Maywood, offering a true pride of ownership asset that has been extensively upgraded throughout and positioned as a value-add investment with minimal near term capital needs. The property features a well-balanced unit mix of one 3 bedroom 2 bathroom unit and five 2 bedroom 1 bathroom units within a two story building that has undergone significant system and exterior improvements, including a new roof, upgraded electrical systems with a new main panel and interior sub panels, fresh exterior paint, resurfaced magnesite balconies, upgraded code compliant handrails, completed SB 721 balcony inspection, and an on-site laundry facility, and is further enhanced by seven covered carport parking spaces and overall low deferred maintenance, making it a stabilized and well-positioned asset in a strong rental market.