$1,250,000
12240 Santa Fe Avenue, Lynwood 90262
6
Beds
6
Baths
7,321
Lot Size
6
# Of Units
Listing Agent
Jackson Jorgensen - Younglewin Advisors, Inc.We are pleased to present 12240 Santa Fe Ave, a six unit apartment building to market in Lynwood, CA. Santa Fe Ave consists of six one bed/one bath units that are approximately 600 square feet each on a 7,316 square foot lot that includes a five car garage in the rear of the property. The property has undergone extensive exterior renovation including a newer roof on the main main structure and garage, new exterior paint, new vinyl double pane windows, new garage doors, and mini split conditioners for all the units. One of the units has been fully renovated as well with vinyl plank floors, new bathroom, and a new kitchen. The property is separately metered for electric and gas. With rents 40% below market, this property offers significant upside in rental income with most of the capital improvements already completed.
Facts & Features
| MLS® # | PW24076143 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Lot Size | 7,321 |
| Year Built | 1949 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 12240 Santa Fe Avenue |
|---|---|
| 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
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Yard |
|---|
Additional Information
| Date Listed | April 15th, 2024 |
|---|---|
| Days on Market | 17 |
| Zoning | LYR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jackson Jorgensen |
|---|---|
| Office | Younglewin Advisors, Inc. |