11230 Louise Avenue, Lynwood, CA 90262

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Multi family11230 Louise Avenue, Lynwood, CA 90262
    $1,716,000

    Basics Details

    • Date added: Added 3 weeks ago
    • Type:
    • Building Area: 4,863 sq ft
    • Lot size, sq ft: 11,940 sq ft
    • Zoning:
    • # Of Units: 6

    Description

    • Description:

      Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022.

      Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.

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    858-538-7774

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