10206 State Street,  Lynwood  (90262)

$1,350,000

0 bedrooms 0   0 bathrooms 0   3706 square feet 3,706
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Listed By: Victor Ambriz Jr of Keller Williams SELA

PROPERTY DETAILS

Address: view address
Lynwood, CA 90262
Map Location
Features: Garage, Multi-level
Square Feet:3,706 sq.ft.Lot Size:0.12 acres
Year Built:1953Property Type:Mixed Use
County:Los AngelesList Date:2024-03-20
Listing Number:DW24056170Listed By:Keller Williams SELA
Listing Office:[email protected]Days on market:37

PROPERTY DESCRIPTION

proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.

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Interior

Laundry Room:Yes

Exterior

Garage Size:5.00Parking Spaces:5.00

Property and Lot Details

Level Lot:YesLot Acres:0.12
Lot Number:96.00Lot Sqft:5,263.00
Public Sewer:YesPublic Water:Yes
Transaction Type:SaleYear Built:1953

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Victor Ambriz Jr of Keller Williams SELA