3561 Brenton Avenue

    Lynwood, CA 90262
    • $1,450,000
    • STATUS: Active Under Contract
    • ON SITE: 22 days
    • ID#: 20561538
    Under Contract
    UPDATED: 11 min ago
    $1,450,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present 6 beautiful turnkey apartment units for sale in the city of Lynwood. This asset has undergone an extensive rehab, with over $155,000 in recent capital improvements. Some of the improvements include completely renovated interiors, new dual pane vinyl windows, and exterior paint. The city's location offers tenants quick and easy access to the 105, 710, and 110 freeways, and is within a 15 mile radius to the areas major employment hubs in Los Angeles County. The subject property represents a tremendous opportunity for an investor to acquire an easy to manage turnkey building that generates excellent cash flow starting day 1.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T10:37:49.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/103917358

    3561 Brenton Avenue Lynwood, CA 90262

    • Price: $1,450,000
    • Status: Active Under Contract
    • Updated: 11 min ago
    • ID#: 20561538
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1957
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    We are pleased to present 6 beautiful turnkey apartment units for sale in the city of Lynwood. This asset has undergone an extensive rehab, with over $155,000 in recent capital improvements. Some of the improvements include completely renovated interiors, new dual pane vinyl windows, and exterior paint. The city's location offers tenants quick and easy access to the 105, 710, and 110 freeways, and is within a 15 mile radius to the areas major employment hubs in Los Angeles County. The subject property represents a tremendous opportunity for an investor to acquire an easy to manage turnkey building that generates excellent cash flow starting day 1.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Gross Income 119904.00 Gross Multiplier 12.60 Gross Operating Income 116307.00 Net Operating Income 77169.00 Senior Community YN No Special Listing Conditions Standard Zoning Lyr3*

    Listing provided courtesy of Nicholas Petrosian of Remax Commercial And Investment Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T10:37:49.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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