Lynwood, CA 90262,11230 Louise Avenue
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Lynwood, CA 90262,11230 Louise Avenue
Lynwood, CA 90262,11230 Louise Avenue
Lynwood, CA 90262,11230 Louise Avenue
Lynwood, CA 90262,11230 Louise Avenue
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Listed by Louis DiGonzini • eXp Realty of Southern Ca, Inc
$ 1,716,000
Est. payment /mo
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Active

11230 Louise Avenue Lynwood, CA 90262

4,863 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,863 sqft

Price per Sqft $352

MLS Listing ID CRNP25065687

HOA Y/N No

Year Built 1944

Lot Size 0.274 Acres

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Heating Other

Fireplace No

Laundry Laundry Closet


Bay East AOR and Contra Costa AOR
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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