Lynwood, CA 90262,3320 Tenaya AVE
$1,200,000
Est. payment /mo
$1,250,000
4.0%
Est.Price: ?

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SOLD DATE : 07/06/2018

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV17232473

Sold Date 07/06/18

HOA Y/N No

Year Built 1958

Property Description

**Desirable Mix of Two Bedroom Units With Two Two-Car Garage Parking
**Property is Located in Residential Neighborhood Community
**20 Percent Upside on Rents with Long-Term Tenants
**Individual Water Heaters and Separately Metered For Gas and Electricity
**Walking Distance to All Local Businesses and Transportation
**New Roof and Two Kitchens

Built in 1923 and 1958, this single story property is comprised of three buildings with five spacious units situated on a 11,534-square foot lot, with 4,402-rentable square feet. The large front building is a duplex of approximately 1,954 square feet used as a 4 bedroom / 1 bathroom and a 3 bedroom / 1 bathroom unit. A two car garage is next to the front unit with its own separate driveway. The three other units are all 2 bedrooms and 1 bathroom units of approximately 816 square feet with an additional attached two car garage. There is two more parking spots available on the property allowing each unit a parking space. All units are metered for gas and electricity, are occupied and have established long term tenants.

This investment offering is in a residential area of the city and has a good Walkscore with nearby access to local restaurants, markets, parks, schools, bus stop and entertainment as well as a very short drive of less than a mile to the 110 Freeway allowing access to the entire Los Angeles freeway system. The subject property is an excellent opportunity for your investor or owner occupied buyer.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup

Interior

Laundry Location Washer Hookup,Gas Dryer Hookup

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6208014024

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by MARK SANFILIPPO • MARCUS & MILLICHAP
Bought with Powai Wong • Coldwell Banker Residential Brokerage Company

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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