11317 LOUISE Avenue, Lynwood, CA 90262

About this property

CALL FOR OFFERS DATE FRIDAY JANUARY 28th. This property consist of a highly desirable unit mix including a 3 bedroom unit and three 2 bedroom units. The property underwent significant renovations in the last 3 years and has been professionally managed. Renovations include quartz countertops, new cabinets, new flooring, stainless steal appliances, and lighting fixtures. The exterior has been fully reimagined including being re-landscaped, new exterior facade and a modern security fence. For an investor looking for immediate cash flow, this fits the bill as all the work has been done but the rents are below market. This property could also appeal to an owner user since there is a large 3 bedroom unit in the front. This wont last long. NO SHOWINGS PRIOR TO ACCEPTED OFFER. INSPECTION WITH ACCEPTED OFFER ONLY. DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS.

Listing description from the March 2022 sale, as reported to CRMLS.

Sale history

$1,325,000

Sold March 2022 · listed $1,275,000, on market January 2022 · MLS #22119349 · Source: CRMLS

Listing Agent: Jonathan Weir · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Jonathan Weir · Marcus & Millichap

$757,000

Sold August 2016 · listed $759,000, on market June 2016 · MLS #PW16132503 · Source: CRMLS

Listing Agent: Nittaya Pichedvanichok · Listing Office: NP International Real Estate · Contact: 714-505-6610 · Bought with: John Chelius · Property Works RE, Inc.

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