United StatesCaliforniaLynwood10206 State Street

10206 State Street
10206 State Street Lynwood, California 90262 United States

$1,350,000
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proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car...
$1,350,000
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.1208 Acres
Exterior
Residential Income
Property type
1953
Year Built
DW24056170
Web Id
DW24056170
MLS ID
Lynwood Unified
School District
38
days ago

About 10206 State Street

proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.

Listing Courtesy of Keller Williams SELA, Email/Phone : victor@ambrizandassociates.net

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

features

Parking
Garage
Community
Sidewalks

PROPERTY INFORMATION

Community Info
Sidewalks
Garage Info
5
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
StreetLevel

ADDITIONAL INFORMATION

Number of Units
5
Listing Courtesy of Keller Williams SELA, Email/Phone : victor@ambrizandassociates.net
Listing Courtesy of Keller Williams SELA, Email/Phone : victor@ambrizandassociates.net
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