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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,400,000

Est. payment - /mo

7,501 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26176579

HOA Y/N No

Year Built 1962

Lot Size 7,501 Sqft

Property Sub-Type Apartment

Property Description

Turnkey Ready: Your Next Passive Income Powerhouse! Outstanding investment opportunity boasting an impressive Cap rate with zero local rent control and a huge rental upside. This fully updated 2-story 6-plex features a strong unit mix of four 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units, backed by a stable tenant base. Every well-maintained unit has own private garage. Building amenities include a reliable central water heater, on-site community laundry and security cameras. Unbeatably convenient location just minutes from markets, St. Francis Medical Center, and St. Emydius Catholic church and school. PLEASE DO NOT DISTURB TENANTS.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplaces Type See Remarks

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Assigned, Door-Single, Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6191016009

Energy Description 600.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Bing Hou IRN Realty 626-786-2143, DRE #01026586

NEARBY SCHOOL & BUSINESS

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