Skip main navigation
Sold for $2,000,000 on 05/30/25
  • Listing Provided by: 

    Alex Colombo DRE #01927702 310-978-7950,

    Keller Williams Coastal Prop.

    Bought with: Keller Williams SELA
    $2,000,000

    10500 Long Beach Blvd, Lynwood, CA 90262

    14beds
    7baths
    4,900sqft
    Mixed Use
    Built in 1963
    -- sqft lot
    $1,969,300 Zestimate®
    $408/sqft
    $-- Estimated rent

    Owner options

    List your home for rent

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    Refinance and save

    $12,454/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $12,454/mo

    Est. payment

    What's special

    Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don’t miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.

    Zillow last checked: 8 hours ago

    Listing updated: June 01, 2025 at 02:05pm

    Listing Provided by:

    Alex Colombo DRE #01927702 310-978-7950,

    Keller Williams Coastal Prop.

    Bought with:

    Enrique Nava, DRE #02166952

    Keller Williams SELA

    Source: CRMLS,MLS#: PW25071131MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,900
    • Total interior livable area: 4,900 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 7
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,670 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 6208016025
    • Zoning: LYC3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights, Urban
    Location
    • Region: Lynwood

    HOA & financial

    Other financial information
    • Total actual rent: 13110

    Other

    Other facts
    • Listing terms: Owner May Carry
    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
    $1,969,300