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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $480
MLS Listing ID RS24003311
Sold Date 06/18/24
Construction Status Additions/Alterations,Building Permit
HOA Y/N No
Year Built 1948
Lot Size 9,003 Sqft
Acres 0.2067
Lot Dimensions Assessor
Property Description
* Guaranteed Income: Increase your rental income by up to 45%! * This exceptional quadplex features four spacious 3-bedroom, 1-bathroom units, primed for rent growth.
* Ideal Location: Situated in the vibrant Lynwood, CA, this property offers convenient access to the 710 and 105 freeways, perfect for commuters. Residents will also love being within walking distance of Lynwood Park, delicious restaurants, and the lively Plaza Mexico.
* Smart Investment: This quadplex boasts a high-demand unit mix (3 bedrooms) in a densely populated area with low unemployment, ensuring consistent rental occupancy.
* Don't Miss Out: This is a remarkable opportunity to unlock significant cash flow potential.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Assigned, Converted Garage, Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Paved
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Park, Suburban
Roof Type Composition
Parking Type Assigned, Converted Garage, Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Paved
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard
Faces Southwest
Story 1
Entry Level One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Building Permit
Others
Senior Community No
Tax ID 6173014006
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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Bought with Patricia Sarkisyan • JohnHart Real Estate
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