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Golden Feather Investments, Inc. is proud to exclusively present 3538 East 56th Street, an attractive multifamily investment opportunity in Maywood, California. Situated on a 9,253 SF lot, this well maintained property features five fully occupied 1 bedroom, 1 bathroom units totaling approximately 3,000 SF. The property offers five single car garages, 10 total parking spaces, gated entry, and on site laundry. Additional income is generated through parking, laundry, and pet fees. Gas and electricity are separately metered. Currently producing a 5.42% cap rate and an 11.69 GRM, the property offers approximately 17% rental upside, subject to the City of Maywood Rent Ordinance No. 23-07. A major value add feature is the potential to convert the existing garage space into a 2 bedroom, 2 bathroom ADU. This opportunity could add another income producing unit and further enhance the property's earning potential. Buyers must independently verify ADU feasibility, zoning, parking, building requirements, and permitting with the City of Maywood. Any improvements are subject to applicable approvals. Located approximately seven miles southeast of Downtown Los Angeles, Maywood is a densely populated, predominantly renter occupied community with established housing demand. The property offers convenient access to the I-710 freeway, industrial and freight employment centers, and employment hubs throughout Southeast Los Angeles County. Nearby amenities include Maywood Towne Center, Maywood Village Square, and K Plaza. 3538 East 56th Street offers investors the opportunity to acquire an income producing asset with multiple revenue streams, rental upside, substantial parking, and ADU potential. Its combination of existing cash flow and value add possibilities makes this an exciting opportunity in an established Los Angeles County rental market. Do not disturb tenants. Do not visit the property without a scheduled appointment through the listing agent. All showings and property inquiries must be coordinated with the listing agent.
Property Type(s):
Residential Income
| Last Updated | 11/8/2026 | Year Built | 1953 |
|---|---|---|---|
| Community | T6 - Maywood, Bell | Garage Spaces | 5.0 |
| County | Los Angeles |
Additional Details
| AREA | T6 - Maywood, Bell |
|---|---|
| GARAGE | Yes |
| LOT | 9252 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 9253 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Golden Feather Investments, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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