Exceptional Investment Opportunity in Lynwood! Discover the potential of this 5-unit property, perfectly suited for investors seeking steady rental income. Each unit offers a unique layout, including a mix of 1, 2, and 3-bedroom options. With long-term tenants in place and room for value-add improvements, this property presents a solid foundation for growth. Conveniently located in a high-demand rental market, it offers easy access to local amenities, schools, and major transportation routes. Don’t miss the chance to add this income-generating property to your portfolio!
This property consists of 8 units with 1-3 bedroom 2 bath house ,1-1 bedroom and 1 bath, and 6-2bedroom 1bath units. with carports for 8 cars. Owner has done the following renovations in the last 5 year which include, New roof, Most plumbing, New electrical subpanels, Balconies and stairs. All units painted inside and outside. Owner has also done the Seismic earthquake retrofit of the building. Great rental area, and room to increase rents. Please do not disturb the tenants
Highest cash flow 4 Plex in the city on a oversized lot! 3566 Mulford Ave is a renovated 4plex located in Lynwood currently operating at a 5.63% Cap Rate and 12.46 GRM. Ideal opportunity for any value-add investor or owner user looking to live in one unit while your tenants pay your mortgage. This 2,161 square foot building is situated on a 8,939 square foot lot, zoned LYR3. Tremendous opportunity for a buyer to build either 2 or 4 ADUS on-site using new Senate Bill SB1211. With just two ADUs, a buyer can reach a 11.32% CAP Rate or a 16.48% cap rate with building 4. There are four single car garages in the rear that can be converted to an ADU and have an ADU built on top while maintaining parking, or you can remove parking all together and add an additional 4 units to the rear. The property features new double pain windows, individual garages, large common area behind the garages and individual water heaters. This is one of the best cash flowing assets in Lynwood. Ownership has completed interior renovations, exterior stucco and paint, added duel-paned vinyl windows, replaced the roof and garage doors. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! The subject property is located on a residential street with pride of ownership homes. It is in close proximity to Lynwood Park/Sports Complex/Recreation Area, City Hall, Henning Youth Center, St. Francis Medical Center and Plaza Mexico. OM in supplements.
Attention!! Attention!! First time buyers or anyone who wants to add another asset. Two great homes in one lot with 6,884 sq ft. Also, another ADU can be built to the side with city approval. This duplex is in a great neighborhood, near schools and supermarkets. The city has no rental control. Both units can bring additional income for more opportunities to new owner. Both units are in good condition. Each unit has its own meter for gas and electricity. Also, each unit has its own entrance and its own parking. Back unit has access to the alley. Property is close to freeways 710, 105 and 91, as well as LAX, Downtown LA and Orange County. Front unit has three bedrooms and two bathrooms. Back unit has two bedrooms and one bathroom. Pictures shown are of the back unit only. Call agent to view this beautiful property.
It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide rent rolls and expenses, then copies of other costs that may change upon the sale not listed on this listing.
Courtesy: ehomes
On a beautiful tree-lined street with other pride of ownership SFRs and multi-family dwellings are 2 adjacent lots: 11460 and 11464 Copeland that seller desires to sell together. This second of the two lots (11464) is over 9000 sqft of land with a detached 2-bedroom home in the front and a long driveway for lots of parking. The detached home has a fenced yard. Next on this lot is a second detached home with 2 bedrooms and 1 bath. Finally in the back of the lot is a duplex of two 2-bedroom 1-bath units, and attached to those units are four garages that face the alley. All these four 2- bedrooms are on a single level, with only 1 occupied and two freshly painted with new flooring and new toilets. One even has a new kitchen cabinet and countertop! This property is being sold as-is but is the perfect opportunity for an investor to get into this area for an affordable price, then occupy one while doing upgrades on the rest! Please remember seller's preference is to sell these parcels together but could split them up for the right price.
On a beautiful tree-lined street with other pride of ownership SFRs and multi-family dwellings are 2 adjacent lots: 11460 and 11464 Copeland that seller desires to sell together. This first of the two lots (11460) is over 9000 sqft of land with a detached 2-bedroom home in the front and a long driveway for lots of parking. The detached home has a stone chimney and large fenced yard. Behind a gate is a detached garage structure to accompany the house. In the back of this lot, coming from the alleyway behind, there is another building with four 1-bedroom apartments, two upstairs and two downstairs, and attached to those units are four more garages that face the alley. Between the house/fenced yard/garage in the front and the fourplex/garages in the back is a large beautiful green common area lawn. All the units are occupied and in livable condition but all could benefit from a renovation to update. Contact City of Lynwood regarding policy on provisions to relocate tenants when renovations are deemed "substantial".
Courtesy: Century 21 Jervis & Associates
Courtesy: Century 21 Primetime Realtors
Courtesy: T.N.G. Real Estate Consultants
Excellent income opportunity and location. 3 buildings on one lot. 10301, 10303, 10305 are included. 27 units total. 2 laundry rooms. Of the 27 units, 15 are single, 10 1 bedroom, 2 2 bedroom. Property grounds have been maintained regularly. Upgraded electrical on 10301 building. Lots of units getting upgraded, recessed lighting and laminate or tile flooring. Gated entry on front and drive-in. Nearby restaurants, groceries and bus stop. Short drive to Plaza Mexico and 105 fwy.
Courtesy: Skylight Real Estate Advisors, Inc.
Courtesy: New Aim Funding Inc.
Lynwood is located in California. Lynwood, California has a population of 67,497. Lynwood is more family-centric than the surrounding county with 37.64% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lynwood, California is $61,612. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lynwood is 31.2 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 47.9 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
