3745 E Imperial Lynwood, CA 90262

The Ensbury Group of KW Commercial is pleased to exclusively offer for sale this 8-unit turn key multifamily property in a prime Lynwood location on Imperial Ave. This 8-unit property features seven very large 2 Bd/1 Ba units and one large 1 Bd/1 Ba unit. The average unit size is 1,302 sq. ft.
There are 12 garages located under the building. Since purchasing the property in 2012, the owner has completed interior rehabs on 7 of the 8 units, outfitting each of the rehabbed units with plank tile flooring, granite counter tops, and tile showers. The owner also completed a full exterior rehab, consisting of a new roof, new paint job, replacement of fascia boards and siding, repairs to the stairs, and new heavy duty garage doors. Rents are close to market, with some additional rent upside still able to be achieved. The actual cap rate is 4.94% and the actual GRM is 12.25. The property is fully occupied. Please call listing agent for a current rent roll and complete construction rehab schedule.