3546 Los Flores Blvd - Apartments FOR SALE


Lynwood, CA 90262
$5,600,000 USD
949-295-8560
3546 Los Flores Blvd, Lynwood, CA for Sale
$5,600,000 USD
Apartments - FOR SALE
1/9
null | 7% Cap Rate

3546 Los Flores Blvd
Lynwood, CA 90262


HIGHLIGHTS

  • 7.0% Cap Rate & 8.94 GRM on Current Rents
  • Completely Renovated, Pride of Ownership Property
  • Majority 2-Bedroom Units
  • Excellent Rental Location on Residential Street
  • 14 Units and 8 Units on Adjacent Parcels
  • Not Subject to Municipal Rent Control

OVERVIEW

Morgan Skenderian is proud to present the Palm Villa Apartments in Lynwood, California. The property is a prime pride of ownership investment opportunity located on a quiet residential street in one of the best pockets to own apartments in the entire region. Offered for sale for the first time in 44 years, Palm Villa has been modernly renovated inside and out and offers lush landscaping and quiet enjoyment for tenants throughout its spacious grounds. The units all offer large floorplans with private patios and balconies. The Palm Villa Apartments stands out as the most luxurious and appealing apartment community in Lynwood.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

22

PRICE/UNIT

$254,545

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Villa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,140 SF

ZONING

-

APN/PARCEL ID

6191-010-003,6191-010-004

ASK ABOUT THIS PROPERTY

Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

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Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.