10206 State Street Lynwood, CA 90262
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 6.18 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 ? 6.18 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID NumberDW24056170
- Home Size Source N/A
- Year Built1953
- Lot Size0.1208 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1208
- Water Public
- Garage Spaces 5
- Zoning LYR3YY
- Listing Conditions Standard
Interior Features
- Cooling None
- Fireplace Features None
- Laundry Features Individual Room
- Fireplace No
Exterior Features
- Pool Features None
- Lot Level with Street
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area RM - Lynwood