3580 Beechwood Ave - Apartments FOR SALE


Lynwood, CA 90262
$850,000 USD
626-399-2415
3580 Beechwood Ave, Lynwood, CA for Sale
$850,000 USD
Apartments - FOR SALE
1/7
null | 4.25% Cap Rate

3580 Beechwood Ave
Lynwood, CA 90262


HIGHLIGHTS

  • Single Story Four Plex in Lynwood located down the street from St. Francis Medical Center
  • Front Unit is currently vacant - owner user opportunity
  • Current rents are 30% below market rate - substantial upside in income
  • Lynwood does not have municipal rent control- under AB-1482 allowing for higher rent increases
  • Property is situated on a large 7,722 square foot lot - opportunity to build up to 4 ADU's in the rear of the lot utilizing AB-1211
  • Four covered parking spaces in the rear carport plus additional parking on the property for tenants

OVERVIEW

Young Lewin Advisors is pleased to present 3580 Beechwood Ave, a single-story four-unit apartment in the city of Lynwood to market. Ideally located just down the street from St. Francis Medical Center, the asset features a desirable unit mix with the front unit currently delivered vacant—providing an opportunity for an owner-user or immediate lease-up at market rent. The property sits on a large 7,722 square foot lot with four covered parking spaces in the rear carport and additional on-site parking for tenants. Current rents are approximately 30% below market rate, offering substantial upside in future rental income for a new investor. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Further enhancing the value, the expansive lot provides the potential to construct up to four ADUs in the rear utilizing SB-1211.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

4.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LYR3YY

APN/PARCEL ID

6173-011-007

ASK ABOUT THIS PROPERTY

Jack JorgensenYoung Lewin AdvisorsMore Info
626-399-2415

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Jack JorgensenYoung Lewin AdvisorsMore Info
626-399-2415

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