CA > Lynwood
Lynwood, CA 90262,11230 Louise AVE
Lynwood, CA 90262,11230 Louise AVE
Lynwood, CA 90262,11230 Louise AVE
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$1,950,000
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0.27 Acres Lot
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11230 Louise AVE Lynwood, CA 90262

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Sandy Rodriguez

Sandy Rodriguez

+1(619) 309-7405

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25109602

HOA Y/N No

Year Built 1944

Annual Tax Amount $12,886

Tax Year 2024

Lot Size 0.274 Acres

Property Sub-Type Multi Family

Property Description

Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022.
Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Heating Combination

Fireplace No

Laundry Laundry Closet

Exterior

Carport Spaces 9

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 9

Building

Lot Description 6-10 Units/Acre

Story 2

Water Public

Others

Tax ID 6194026005

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Louis DiGonzini eXp Realty of Southern Ca, Inc 949-922-8420
agent
Sandy Rodriguez

Real Estate Professional | License ID: 01908969

+1(619) 309-7405 | sandy@sandysellssocal.com

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11230 Louise AVE

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