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$850,000
Est. payment /mo
4 Beds
7,724 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25263422
Bedrooms 4
Lot Size 7,724 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 3580 Beechwood Ave, a single-story four-unit apartment in the city of Lynwood to market. Ideally located just down the street from St. Francis Medical Center, the asset features a desirable unit mix of all one bed/one bath units. The property sits on a large 7,722 square foot lot with four covered parking spaces in the rear carport and additional on-site parking for tenants. Current rents are approximately 30% below market rate, offering substantial upside in future rental income for a new investor. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Further enhancing the value, the expansive lot provides the potential to construct up to four ADUs in the rear utilizing SB-1211.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of Imperial and Birch
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6173011007
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Jackson Jorgensen Younglewin Advisors, Inc.
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