10206 State Street
Lynwood,
CA
90262
Property Details
List Price: |
$1,350,000 |
Beds: |
9 |
Baths: |
5 |
Status: |
Active |
SqFt: |
3706 |
Agency: |
Keller Williams Realty SELA |
Description/Comments
Lot Size: |
5,263 sqft |
Property Type: |
MultiFamily |
Year Built: |
1953 |
Notes: |
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 6.18 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 ? 6.18 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. |
MlsNumber: |
DW24056170 |
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Listing Provided By: |
Keller Williams Realty SELA, original listing |
Name: |
Keller Williams Realty SELA |
Phone: |
(562) 334-1511 |
Office Name: |
Keller Williams SELA |
Office Phone: |
(562) 334-1500 |
Agent Name: |
Victor Ambriz Jr |
Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |