Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

3700 E 55th

Maywood, CA, 90270

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$550,000

MLS: DW26037432

Beds

2

Baths

1

Sq Ft

884

Lot

0.11 ac

Year Built

1920

MLS #

DW26037432

Days on Market

54

Listed

Feb 19, 2026

Description

Opportunity knocks in the heart of Maywood with this value-driven corner lot fixer, priced to reflect its current condition and ready for your vision. Situated at 3700 E 55th Street, this single-story 2-bedroom, 1-bath home offers a functional layout and solid bones, making it an ideal canvas for investors, flippers, or buyers looking to create something truly their own. Positioned on a desirable corner lot, the property provides added space, flexibility, and curb presence. A long driveway leads to a detached one-car garage, offering ample parking and potential for future improvements or ADU considerations (buyer to verify). The lot configuration allows for creative expansion possibilities, making this an excellent opportunity to maximize value. This property has been thoughtfully priced with needed repairs already taken into account, presenting a compelling entry point into a rapidly evolving market. Whether you're looking to renovate and resell, hold as a rental, or design your dream home, the upside here is undeniable. Conveniently located near major freeways, local amenities, and just minutes from Downtown Los Angeles, this is a rare chance to secure a corner lot property with strong potential in a centrally located neighborhood.

Location

Maywood, Los Angeles County, CA 90270

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Listed by: Joshua Glaz · The Ave

Payment estimate

$4,121

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,000 · Loan: $495,000

%
Principal & Interest
$3,041
Property tax (1.25%)
$573
Homeowners insurance
$300
Mortgage insurance
$206
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Maywood home with as little as 3.5% down using an FHA loan — roughly $19,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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