3592 Norton Avenue, Lynwood, CA 90262
3592 Norton Avenue, Lynwood, CA 90262
3592 Norton Avenue, Lynwood, CA 90262
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Glen Henderson

Glen Henderson

+1(619) 889-7646
$850,000
Est. payment /mo
4 Beds
3 Baths
8,803 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26234683

Bedrooms 4

Lot Size 8,803 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,FHA,VA

Property Type Res Income 2-4 Units

Property Description

Excellent opportunity to own a four-unit residential income property in Lynwood. This multifamily property features a desirable unit mix of three one-bedroom one bath units and one two-bedroom one bath unit, offering multiple income streams for investors. The property includes four individual one-car garages providing valuable parking and additional convenience for residents. Each unit is equipped with its own water heater and laundry hookups, desirable features for multifamily living. Two of the unit bathrooms were remodeled last year, offering improvements for tenants and future ownership. The owner currently pays for water and trash, while tenants pay their own gas and electricity. Situated on an approximately 8,803-square-foot lot, the property offers potential for investors seeking to hold an income-producing asset in the Los Angeles County rental market. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Explore the possibilities this multifamily property offers for long-term ownership and rental income.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Imperial Hwy and California Ave

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6191013006

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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MLS Router / San Diego MLS
Listed by Desi Reyes, DRE#00903732 First Team Real Estate 

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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