11230 Louise Avenue, Lynwood, CA 90262

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,716,000

Est. payment - /mo

8 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25065687

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Head North on Louise Ave.

Interior

Heating Combination Heating

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 6194026005

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Listed by Louis DiGonzini eXp Realty of Southern Ca, Inc

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11230 Louise Avenue Lynwood, CA 90262