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The Warburton Team Brokered By EXp

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

$2,290,000

Est. payment - /mo

10,415 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26225184

HOA Y/N No

Year Built 1968

Lot Size 10,415 Sqft

Property Sub-Type Apartment

Property Description

On behalf of the ownership, we are pleased to exclusively offer this 8-unit, 8,256 square foot multifamily property located at 3745 East Imperial Highway, Lynwood, CA 90262. This offering represents a compelling opportunity to acquire a professionally managed apartment community with strong organic rent growth potential.

Constructed in 1968, the property sits on a large 10,417 square foot lot with a unit mix consisting of one 1bedroom 1 bath unit and seven 2bedroom 1 bath units. Three units have private patio spaces attached, while all units are equipped with air conditioners. As an added convenience to the residents, there is also a common area laundry room towards the rear of the property, four 2-car garages and four 1-car garages.

3745 East Imperial Highway is located in a highly accessible area of the city. Residents benefit from convenient proximity to the 105 & 710 freeways, and a wide array of neighborhood services, shopping & restaurants options that define the area's live-work-play appeal.

This offering presents a rare opportunity to acquire a well-located apartment community in a supply-constrained residential market. This asset offers durable in-place income with a clear avenue for operational upside. We look forward to discussing this offering in greater details with qualified purchasers and their agents.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Garage Faces Rear, Garage Faces Side

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 12

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces South

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6192002017

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Takeshi Kida Takeshi Kida 347-885-1669, DRE #02096893

NEARBY SCHOOL & BUSINESS

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3745 E Imperial HWY Lynwood, CA 90262