Listed by Steven Bogoyevac of Steven M. Bogoyevac,Broker (steve.bogoyevac@marcusmillichap.com)
Situated on a large 0.39-acre corner lot, the property comprises a triplex and a five-unit building featuring seven one-bedroom/one-bath units and one studio. All units are single-story with separate gas and electric metering, offering operational efficiency and tenant appeal. Tenants enjoy two parking spaces per unit, as well as a mix of private patios and shared yard areas; these amenities enhance livability and support strong occupancy. The absence of on-site laundry presents a clear value-add opportunity to further increase rental income. 5117 Everett Avenue offers significant upside, with current rents approximately 36 percent below market, allowing a new owner to capture meaningful revenue growth over time. Furthermore, a new investor may explore the potential to develop four ADU's by converting the garages to two ADU's and constructing two detached ADU's (buyer to verify ADU potential). Maywood's multifamily market is supported by dense population, limited housing supply, and strong renter demand driven by its proximity to major employment hubs throughout Southeast Los Angeles. The area continues to experience consistent occupancy levels, with renters attracted to attainable price points relative to neighboring submarkets. These fundamentals position 5117 Everett Avenue as a compelling investment in a supply-constrained, high-demand rental corridor.

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Based on information submitted to CRMLS as of May 21, 2026 3:52 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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