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$2,290,000
Est. payment /mo
7 Beds
4 Baths
10,417 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26225184
Bedrooms 7
Lot Size 10,417 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
On behalf of the ownership, we are pleased to exclusively offer this 8-unit, 8,256 square foot multifamily property located at 3745 East Imperial Highway, Lynwood, CA 90262. This offering represents a compelling opportunity to acquire a professionally managed apartment community with strong organic rent growth potential. Constructed in 1968, the property sits on a large 10,417 square foot lot with a unit mix consisting of one 1bedroom 1 bath unit and seven 2bedroom 1 bath units. Three units have private patio spaces attached, while all units are equipped with air conditioners. As an added convenience to the residents, there is also a common area laundry room towards the rear of the property, four 2-car garages and four 1-car garages. 3745 East Imperial Highway is located in a highly accessible area of the city. Residents benefit from convenient proximity to the 105 & 710 freeways, and a wide array of neighborhood services, shopping & restaurants options that define the area's live-work-play appeal. This offering presents a rare opportunity to acquire a well-located apartment community in a supply-constrained residential market. This asset offers durable in-place income with a clear avenue for operational upside. We look forward to discussing this offering in greater details with qualified purchasers and their agents.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On Imperial Hwy between Otis St and McNerney Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6192002017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Takeshi Kida, DRE#02096893 Takeshi Kida
Co-listed byMariko Artis • ADW Management USA, Inc.
Co-listed byMariko Artis • ADW Management USA, Inc.
Nearby School & Business
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