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Listed by Takeshi Kida, DRE #02096893 • Takeshi Kida
$ 2,290,000
Est. payment | /mo
10,417 Sqft Lot
$ 2,290,000
Est. payment | /mo
10,417 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26225184
Year Built 1968
Lot Size 10,417 Sqft
Source California Regional MLS
Property Description
On behalf of the ownership, we are pleased to exclusively offer this 8-unit, 8,256 square foot multifamily property located at 3745 East Imperial Highway, Lynwood, CA 90262. This offering represents a compelling opportunity to acquire a professionally managed apartment community with strong organic rent growth potential. Constructed in 1968, the property sits on a large 10,417 square foot lot with a unit mix consisting of one 1bedroom 1 bath unit and seven 2bedroom 1 bath units. Three units have private patio spaces attached, while all units are equipped with air conditioners. As an added convenience to the residents, there is also a common area laundry room towards the rear of the property, four 2-car garages and four 1-car garages. 3745 East Imperial Highway is located in a highly accessible area of the city. Residents benefit from convenient proximity to the 105 & 710 freeways, and a wide array of neighborhood services, shopping & restaurants options that define the area's live-work-play appeal. This offering presents a rare opportunity to acquire a well-located apartment community in a supply-constrained residential market. This asset offers durable in-place income with a clear avenue for operational upside. We look forward to discussing this offering in greater deta
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Heating Electric
Cooling Window / Wall Unit
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 12.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 6192002017
Special Listing Condition Not Applicable
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