$1,350,000
10206 State Street, Lynwood 90262
9
Beds
5
Baths
5,263
Lot Size
5
# Of Units
Listing Agent
Victor Ambriz Jr - Keller Williams SELAproud 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 6.18 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 ? 6.18 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.
Facts & Features
MLS® # | DW24056170 |
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Price | $1,350,000 |
Bedrooms | 9 |
Bathrooms | 5.00 |
Lot Size | 5,263 |
Year Built | 1953 |
Type | Residential Income |
Sub-Type | Mixed Use |
Status | Active |
# Of Units | 5 |
Community Information
Address | 10206 State Street |
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Area | RM - Lynwood |
City | Lynwood |
County | Los Angeles |
Zip Code | 90262 |
Amenities
Parking Spaces | 5 |
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# of Garages | 5 |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Cooling | None |
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Has Basement | No |
Fireplace | No |
Fireplaces | None |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | Street Level |
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Additional Information
Date Listed | March 20th, 2024 |
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Days on Market | 45 |
Zoning | LYR3YY |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Victor Ambriz Jr |
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Office | Keller Williams SELA |