$1,295,000
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10206 State Street Lynwood, CA 90262
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
3,706
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Price Reduced by $55,000. NOW SELLING at 6.6 cap rate.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 6.6 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 6.6 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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MLS#
DW24056170
Property Type
Mixed Use
Year Built
1953
Square Feet
3,706
sq. ft
Lot Size
0.12
Stories
2.0
Sewer
Public Sewer
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