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$ 4,850,000
Est. payment | /mo
38 Beds
20 Baths
13,552 SqFt
$ 4,850,000
Est. payment | /mo
38 Beds
20 Baths
13,552 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,552 sqft
Price per Sqft $357
MLS Listing ID 26865003
Bedrooms 38
HOA Y/N No
Year Built 1962
Lot Size 0.505 Acres
Property Description
This exceptional 20-unit apartment community presents investors with the opportunity to acquire a well-maintained, value-add asset in the highly sought-after Lynwood rental market. The property's highly desirable unit mix consists of eighteen two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units, a configuration that consistently attracts long-term tenants and strong rental demand.Current ownership has demonstrated pride of ownership through meaningful capital improvements, including a brand-new copper domestic water main installed in 2026, fresh exterior paint, and new exterior wood paneling that significantly enhance the property's curb appeal.Residents also benefit from secure gated access, covered parking for every unit, and convenient on-site laundry facilities.Beyond its physical improvements, the property offers a compelling investment thesis through approximately 25% rental upside, allowing a new owner the opportunity to increase cash flow through strategic rent growth while acquiring an asset with strong fundamentals and limited deferred maintenance. Combining an exceptional unit mix, recent capital improvements, attractive tenant amenities, and significant income upside, the property represents a rare opportunity to acquire a high-performing multifamily investment in one of Southeast Los AngelesCounty's most established rental markets.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3*
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Gated
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6168019001
Special Listing Condition Standard
Listed by Nicholas Hayner Maywood Property Group #02090908
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