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3108008221
Real Estate Company
3745 E Imperial Highway, Lynwood, CA 90262
- $2,290,000
- List Price
- $2,290,000
- Status
- ACTIVE
- MLS#
- SB26225184
- Year Built
- 1968
- Lot Size
- 10,417
- Acres
- 0.24
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 8
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
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 details with qualified purchasers and their agents.
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Additional Information
- Pool Description
- None
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $199,043
- Operating Expense
- 79800
Listing courtesy of Listing Agent: Takeshi Kida (tkida@nrbldg.com) from Listing Office: Takeshi Kida.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.