$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 SELA

proud 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
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
Area RM - Lynwood
City Lynwood
County Los Angeles
Zip Code 90262

Amenities

Parking Spaces 5
# of Garages 5
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description Street Level

Additional Information

Date Listed March 20th, 2024
Days on Market 45
Zoning LYR3YY
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentVictor Ambriz Jr
OfficeKeller Williams SELA

Listing Map

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