Property Details
About this Property
Great opportunity on this 6-unit building consisting of 5-2 bedroom, 1 bath and 1-4 bedroom, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. With a pro forma cap rate of 6.58%, this asset presents an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
MLS Listing Information
MLS #
CRNP25065687
MLS Source
California Regional MLS
Days on Site
52
Interior Features
Heating
Multi Type
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
11230 Louise Ave is a Residential Income in Lynwood, CA 90262. This – square foot property sits on a 11,940 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in 1944. This address can also be written as 11230 Louise Ave, Lynwood, CA 90262.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact Louis DiGonzini, (949) 607-8543
