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3538 E 56th St , Maywood, CA 90270

$1,095,000

3,000
sqft
1953
year built

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.

Highlights

  • Residential Income
  • Apartment
  • Built in 1953
  • 0.2124 Acre Lot
  • 5 Car Garage
  • 4 days on Market

  • Year Built
    1953
  • Stories
    2.0
  • Garage Spaces
    5.0
  • Parking Features
    Assigned
  • Pool Features
    None

  • Acres
    0.2124
  • Lot Features
    Level, Rectangular Lot, Near Public Transit
  • Water
    Public

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Frequently Asked Questions

How do I schedule a tour of 3538 E 56th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3538 E 56th St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3538 E 56th St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,095,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Maywood, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 3538 E 56th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 3538 E 56th St at around $6,231. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3538 E 56th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3538 E 56th St?

In most cases, yes. Whether 3538 E 56th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Maywood's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3538 E 56th St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Maywood and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,095,000 with 3,000 sqft of space—that comes out to approximately $365 per square foot.

How long has this property been on the market?

3538 E 56th St was listed on November 08, 2026, which means it's been on the market for 4 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1953, making it approximately 73 years old.

What is the lot size of this property?

3538 E 56th St sits on a 0.21-acre lot, which is 9,148 square feet.

Is 3538 E 56th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 12, 2026 at 03:27PM 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. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 12, 2026 at 03:27PM | Source: California Regional Multiple Listing Service | MLS#: DW26240107