10206 State Street, Lynwood, CA 90262
Property · 2 recorded sales since 2018
Sold August 2024
Listing Agent: Victor Ambriz Jr (DRE #00952349) · Listing Office: Keller Williams SELA · Contact: victor@ambrizandassociates.net · Bought with: Jaime Rodriguez · Big Blue House Real Estate · MLS #DW24056170 · Source: CRMLS
About this property
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.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history
