For Sale For Rent
Advertise
bedrooms
bedrooms
8
bathrooms
bathrooms
3
square feet
square feet
4,863
acreage
Acreage
0.2741046831955923
open houses
Open Houses
-
year built
year built
1944
full baths
Full Baths
3
half baths
Half Baths
0
Value-add 6-unit building consisting of 5-2 bedroom, 1 bath and 1-4 bedroom, 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. With a pro forma cap rate of 6.58%, this asset presents an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022.For more information, contact Ldigonzini@thedigonzinigroup.com. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: NP25065687
Listing agent: Louis Digonzini
Listing broker: Keller Williams Costa Mesa (949) 734-6581
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Monday, April 7 2025 at 7:22 p.m. EDT
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