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About the Listing np5220 - NP42222
Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Listing Highlights for 11230 Louise Ave
Status
Active
Days on Site
113
Property Type
Commercial Sale
MLS ®
NP25109602
Year Built
1944
Total Square Footage
4,863
Lot/Acreage
N/A
County
Los Angeles
Area
RM - Lynwood
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Combination
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 9
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: $12,886
- Taxes w/Assessments: N/A
- Tax/Property ID: 6194026005
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
11230 Louise Ave Lynwood, CA 90262
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