alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange
Investment Highlights:
All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset
Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit
Two fully remodeled units with modern interiors, appealing to quality tenants
Located in a high-demand rental market with consistent occupancy and limited inventory
Current CAP rate at 7.3%
5 of the 6 tenants are long term tenants.
The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates.
Seller is motivated.
For sale
Listing Provided by:
Louis DiGonzini DRE #01502775 949-922-8420,
eXp Realty of Southern Ca, Inc
Price cut: $144K (7/11)
$1,716,000
11230 Louise Ave, Lynwood, CA 90262
14beds
6baths
4,863sqft
Est.:
Quadruplex
Built in 1944
-- sqft lot
$-- Zestimate®
$353/sqft
$-- HOA
What's special
Desirable unit mixModern interiors
- 131 days
- on Zillow |
- 415 |
- 12 |
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