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Key Details
Sold Price $3,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19094383
Sold Date 09/10/19
HOA Y/N No
Year Built 1962
Lot Size 0.340 Acres
Acres 0.34
Property Description
This offering represents an excellent opportunity to purchase a high-quality apartment property in a great rental area in Lynwood. The subject is well located North of the 105 Freeway and within blocks of Lynwood Park and St. Francis Medical center. The building consists of 14 two-bedroom units along with 1 non-conforming studio unit. All the units are separately metered for Gas & Electricity and 10 of the units have their own hot water heaters with the remaining 4 sharing a central unit. The building has gated parking for 11 units as well as 3 garages. The building is in very good condition and there is substantial upside in rents.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LYR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Carport Spaces 11
Garage Description 3.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Septic Type Unknown, Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6173011009
Energy Description 3763.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • CRMLS
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