$1,295,000Sold Price
3,706 Sqft
5,263 Sqft

10206 State Street, Lynwood, CA 90262

  • Commercial Sale Property Type
  • 1953 Year Built
Property Description

Price Reduced by $55,000. NOW SELLING at 6.6 cap rate.Proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.6 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units 6.6 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don’t disturb the tenants if you have any questions call or email me.

Basic Details
Commercial Sale
Other
Sold
CRDW24056170
$1,295,000
79
3,706 Sqft
1953
5,263 Sqft
0.12 Acre
Closed
Features
: None
Public Sewer
: Laundry Room
: Level
Address Map
CA
Los Angeles
Lynwood
90262
State Street
10206
W119° 47' 10.5''
LYR3
South Of Tweedy blvd and East o
Additional Info
Keller Williams SELA
Victor Ambriz Jr
victor@ambrizandassociates.net
Sold
Public
For Sale
Price History
08/02/2024
$1,295,000
03/20/2024
$1,350,000
$1,350,000
Listing Information
2024-08-05T18:46:36Z
BayEast
Request Buyer Agent Tour

    Agent info
    Sriram Akella
    Realty++
    Seshu Tirumalashetty
    Realty++
    Realty++
    Mortgage Calculator
    $
    $ %
    years
    %
    $ %per year
    $ %per year

    $
    Contact Agent
    Contact Us
    Mallik@rRealtyplusplus.com (510) 299-6629