Looking for a CASH COW or an opportunity to BUILD units? This multi unit property features zoning for commercial and residential. It has a higher use of residential and can qualify for residential financing. Currently the front unit is a Hair salon and the unit in the back is a 2 bed 1 bath with a detached 2 car garage on a LARGE LOT! The new laws may allow you to legally convert the 2 car garage into an ADU to rent out for more $$! Turning the property into a triplex. BONUS! The property has 2 trailers that are rented out for a total of $750 a month. You have potential to get up to 5 streams of income on one property! The city of Lynwood can allow you to build up to 7 units under affordable housing. Please check with city for more details. Property is conveniently located by the 105/710/91 freeways, public transportation (metro Green line), 20 mins from the NEW Rams/Chargers SoFi Stadium, Shopping centers such as NEW Walmart Supercenter as well as Plaza Mexico and St. Francis Medial Center .Property can qualify for Residential financing and Rebuilt letter is on hand!
Off market
$681,100
12320 Long Beach Blvd, Lynwood, CA 90262
2beds
0baths
1,089sqft
MultiFamily
Built in 1935
-- sqft lot
$681,100 Zestimate®
$625/sqft
$2,956 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Wall
Cooling
- Wall
Appliances
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,089 sqft
Property
Parking
- Total spaces: 2
Features
- Levels: One
Lot
- Size: 7,405 sqft
- Features: Lot 6500-9999, Back Yard, Near Public Transit, Rectangular Lot
Details
- Parcel number: 6175025026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lynwood
Other
Other facts
- CommunityFeatures: Sidewalks, Suburban, Street Lights
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: No Common Walls
- Levels: One
- LotFeatures: Lot 6500-9999, Back Yard, Near Public Transit, Rectangular Lot
- LaundryFeatures: Gas Dryer Hookup, Washer Hookup
- ParkingFeatures: Garage, On Site, Garage - Two Door, Driveway - Combination, Auto Driveway Gate, Garage Faces Rear
- RoomType: Living Room, Kitchen
- MLSAreaMajor: RM - Lynwood
- PreviousStandardStatus: Closed
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Public Sewer
- TaxTractNumber: 3172
- StandardStatus: Pending
- Cooling: Wall/Window Unit(s)
- Heating: Wall Furnace
- SeniorCommunityYN: 0
- ParcelNumber: 6175025026
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Estimated market value
$681,100