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3189 Euclid Avenue, Lynwood, CA 90262

Property

3189 Euclid Avenue, Lynwood, CA 90262 Sold August 2025 CRMLS
$7,150,000Sold August 2025

Listing Agent: Doug Rodermund (DRE #01314304) · Listing Office: Morgan Skenderian · Contact: dsr@morganskenderian.com · Bought with: Doug Rodermund · Morgan Skenderian · MLS #PW25113868 · Source: CRMLS

40,241 sqft
Lot Size
1959
Year Built
Property
Type
2
Stories
0
Garage
$108,832/yr
Taxes

About this property

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

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

Sale history

$7,150,000
Sold August 2025 · listed $7,500,000, on market May 2025 · MLS #PW25113868 · Source: CRMLS
Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: dsr@morganskenderian.com · Bought with: Doug Rodermund · Morgan Skenderian
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