We are pleased to present our newest exclusive listing in Maywood. This one of a kind multifamily property situated on a large .44 acre corner lot boast14 units and estimated 50% upside in rents. The property has been in the same family since 1988 and has been well taken care of during ownership. The property has a unique charm to it both on the exterior and interior which stands out compared to the competition available to prospective tenants. There are 12uncovered parking spots with 12 additional storage/garage spots. The garages can be rented out for further income or converted into ADU's. Rents can be increased December 2024 which can increase revenues further. The property has a dedicated laundry room in which the machines are landlord owned. The property is individually metered for both gas and electric. This true value-add property is a perfect addition to any new investor or savvy investor looking to capitalize on a low basis income property with tons of potential.
Property Details
Property Features
Property Information:
Year Built: 1926
Stories: 2
Living Area: 7,948 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (424) 405-3900
Listing Agent: Jonathan Weir
Interior Features
Interior Information:
Appliances: Microwave
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Exterior Features
Parking Information:
Garage Space: 12 spaces
Attached Garage: No
Parking: Uncovered
Lot Features
Lot Information:
Lot Size: 0.44 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
Maywood Academy High School, Public District Grades 9-12
Bell Senior High School, Public District Grades 9-12
Elizabeth Learning Center, Public District Grades KG-12
Chester W. Nimitz Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Fishburn Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Fishburn Ave & E 56th St
Price Information
Listing Price Info
Price Summary:
List Price: $2,825,000
Price Per SqFt: $355/SqFt
Tax Information:
Annual Amount: $8,353
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24397495
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (424) 405-3900
Listing Agent: Jonathan Weir
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/2/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,353
$368,412
2020
$8,143
$362,270
2019
$7,849
$355,168
2018
$7,217
$348,205
2017
$7,217
$341,379
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Fishburn Avenue Elementary School
5701 Fishburn Ave
Distance between this listing and this school0.10 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.02 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school19.93 miles
Public Magnet Grades KG-5
Middle School
3
/10
Chester W. Nimitz Middle School
6021 Carmelita Ave
Distance between this listing and this school0.52 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.34 miles
Public District Grades 6-8
High School
3
/10
Maywood Academy High School
6125 Pine Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
6
/10
Bell Senior High School
4328 Bell Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
4
/10
Elizabeth Learning Center
4811 Elizabeth St
Distance between this listing and this school1.91 miles
Public District Grades KG-12
Assigned Schools
5
/10
Fishburn Avenue Elementary School
5701 Fishburn Ave
Distance between this listing and this school0.10 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school11.02 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school19.93 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Chester W. Nimitz Middle School
6021 Carmelita Ave
Distance between this listing and this school0.52 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.34 miles
Public District Grades 6-8
Nearby Schools
4
/10
Magnolia Science Academy Bell
6411 Orchard Ave
Distance between this listing and this school0.96 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Maywood Academy High School
6125 Pine Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
6
/10
Bell Senior High School
4328 Bell Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
4
/10
Elizabeth Learning Center
4811 Elizabeth St
Distance between this listing and this school1.91 miles
The neighbors living near this home have an average income of $37,768. Residents of Los Angeles County, CA typically earn less than $35k each year. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5601 Fishburn Ave
What is the listing price of this property?
The listing price of 5601 Fishburn Ave property is $2,825,000.
What type of property is this?
The property 5601 Fishburn Ave is a house located in Maywood, California, 90270.
Is this property for sale now?
Active Listing: 5601 Fishburn Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5601 Fishburn Ave are: Fishburn Avenue Elementary School: GreatSchools Rating 5/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Chester W. Nimitz Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Maywood Academy High School: GreatSchools Rating 3/10Bell Senior High School: GreatSchools Rating 6/10Elizabeth Learning Center: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,353 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5601 Fishburn Ave has 18 bedrooms and 14 bathrooms.
What is the square footage of this property?
The property 5601 Fishburn Ave is 7,948 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5601 Fishburn Ave is 1926.
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This home is located at 5601 Fishburn Ave in Maywood, CA and zip code 90270 in the The Southeast neighborhood. This 7,948 square foot home, which was built in 1926, sits on a 0.44 acre lot. Features: 18 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $2,825,000.
In May 2024, from all listings sold in Los Angeles County, CA there were more than 2145 sold above asking price, over 1358 sold below and more than 590 were sold right at the asked price. The number of homes for sale in Los Angeles County, CA increased by 9.1% between April 2024 and May 2024. In May 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $884,364.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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