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$850,000

FOR SALE
Active

3592 Norton Avenue

Lynwood, CA

MLS# PW26234683

Quadruplex
5 days on marketNalren refreshed

Listing Agent

Desi Reyes

Listing Agent

First Team Real Estate

DRE #: 00903732

(714) 264-8473

Brokerage: First Team Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1948

Year Built

0.2 acres

Lot Size

N/A

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Excellent opportunity to own a four-unit residential income property in Lynwood. This multifamily property features a desirable unit mix of three one-bedroom one bath units and one two-bedroom one bath unit, offering multiple income streams for investors. The property includes four individual one-car garages providing valuable parking and additional convenience for residents. Each unit is equipped with its own water heater and laundry hookups, desirable features for multifamily living. Two of the unit bathrooms were remodeled last year, offering improvements for tenants and future ownership. The owner currently pays for water and trash, while tenants pay their own gas and electricity. Situated on an approximately 8,803-square-foot lot, the property offers potential for investors seeking to hold an income-producing asset in the Los Angeles County rental market. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Explore the possibilities this multifamily property offers for long-term ownership and rental income.

Facts & Features

Interior

Fireplace
No
Laundry Features
Gas Dryer Hookup, In Kitchen, Washer Hookup
Appliances
Disposal, Free Standing Range, Gas Range, Water Heater
Flooring
Carpet, Laminate
Interior Features
All Bedrooms Down, Galley Kitchen
Window Features
Double Pane Windows

Exterior

Private Pool
No
Roof
Composition
Fencing
Chain Link, Wood
Lot Features
Front Yard, Lawn, Rectangular Lot, Street Level

Building

Year Built
1948
Building Area Total
2,481
Levels
One
Stories Total
1

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
4
Parking Features
Door Single, Driveway, Garage
Parking Total
8

Community / HOA

HOA
No
Association Fee
$0

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