$680,000
$699,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 02/15/2023
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22233834
Sold Date 02/15/23
HOA Y/N No
Year Built 1948
Lot Size 0.252 Acres
Property Description
Investors: come one, come all! Take advantage of this fantastic investment opportunity to own this well maintained triplex on a HUGE 11,000 square foot lot in highly desirable Lynwood. Tucked away in a cute residential neighborhood, the single-level structure has three spacious 1 bedroom/1 bathroom units. Each unit has 676 square feet of living space, with a total building square footage of 2,028 sf. All three tenants are currently on month-to-month leases and rents are under market value, meaning there is huge potential to increase rents. Each unit has its own garage parking space and there is plenty of additional on-site parking available as well. This is an incredible location, conveniently close to Long Beach Blvd, Rosecrans, the 105 FWY and 710 FWY.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Interior
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 15
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6176010006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
Special Listing Condition Standard
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Bought with John Gorske • CTM Management Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "