3601 Los Flores Blvd - Multi-Family FOR SALE


Lynwood, CA 90262
$1,025,000 USD
949-607-7096
3601 Los Flores Blvd, Lynwood, CA for Sale
$1,025,000 USD
Multi-Family - FOR SALE
1/8
null | 4.32% Cap Rate

3601 Los Flores Blvd
Lynwood, CA 90262


HIGHLIGHTS

  • Outstanding Rental Location Near St. Francis Medical Center
  • Great Unit Mix: (2) 2-Bed / 1-Bath & (1) 1-Bed / 1-Bath
  • 100% Single Story Units with (4) Detached Single Car Garages
  • 11.98 GRM & 4.32% Cap Rate on Current Income
  • Upside in the Rental Income
  • On-Site Laundry Facility

OVERVIEW

We are proud to present 3601 Los Flores Boulevard, a 100% single-story, 4-unit multifamily investment opportunity located near St. Francis Medical Center in Lynwood. This desirable property offers an attractive unit mix consisting of (2) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. The building spans 2,561 square feet on a 9,210 square foot lot, with each unit separately metered for gas and electricity. The owner is currently responsible for water, trash, and common area gas and electric. Additional income exists through the onsite laundry facility, and parking includes four detached single-car garages. Lynwood is not subject to local rent control regulations, only California's statewide rent cap (AB 1482) applies, providing flexibility for rent increases. With below-market rents and room for income growth, this property presents a compelling investment opportunity in a strong rental market. No units will be delivered vacant--property will be delivered 100% tenant occupied.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

4

PRICE/UNIT

$256,250

CAP RATE

4.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,210 SF

ZONING

LYR3

APN/PARCEL ID

6191-013-020

ASK ABOUT THIS PROPERTY

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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