Lynwood, CA90262
| 4863 sqft | MLS# NP25065687
Tract:
For Sale $2,100,000
Description
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. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Facts
| Built in 1944 | Lot Size: 11940.00 sqft | HOA Dues: $0/month
Features
Listing provided by Louis DiGonzini, eXp Realty of Southern Ca, Inc
Based on information from California Regional Multiple Listing Service, Inc. as of April 15, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
