Price Reduced by $55,000. NOW SELLING at 6.6 cap rate.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 6.6 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 6.6 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.
Sold for $1,295,000 on 08/02/24
Listing Provided by:
Victor Ambriz Jr DRE #00952349 victor@ambrizandassociates.net,
Keller Williams SELA
$1,295,000
10206 State St, Lynwood, CA 90262
--beds
--baths
3,706sqft
Mixed Use
Built in 1953
-- sqft lot
$1,277,800 Zestimate®
$349/sqft
$3,023 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2024 at 11:16am
Listing Provided by:
Victor Ambriz Jr DRE #00952349 victor@ambrizandassociates.net,
Keller Williams SELA
Bought with:
Jaime Rodriguez, DRE #01210390
Big Blue House Real Estate
Source: CRMLS,MLS#: DW24056170
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,706
- Total interior livable area: 3,706 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: one
- Pool features: None
Lot
- Size: 5,263 sqft
- Features: Street Level
Details
- Parcel number: 6208008014
- Zoning: LYR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Lynwood
HOA & financial
Other financial information
- Total actual rent: 10216
Other
Other facts
- Listing terms: Cash to New Loan
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,277,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,277,800