10500 Long Beach Boulevard, Lynwood, CA 90262

About this property

Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don’t miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,000,000

Sold May 2025 · listed $1,950,000, on market April 2025 · MLS #PW25071131 · Source: CRMLS

Listing Agent: Alex Colombo · Listing Office: Keller Williams Coastal Prop. · Contact: 310-978-7950 · Bought with: Enrique Nava · Keller Williams SELA

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