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
    : 
    Quadruplex
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $353/sqft
    $-- HOA

    What's special

    Desirable unit mixModern interiors
    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.
    131 days
    on Zillow
    |
    415
    |
    12
    |
    • Loading
    • Loading