$949,000
Lynwood, CA 90262
1942
Year Built
Los Angeles
County
MixedUse
Property Type
Value-Add 9-Unit Mixed-Use Investment Opportunity! 12008 Long Beach Boulevard presents an excellent opportunity to acquire an income-producing mixed-use property in the City of Lynwood, ideal for owner-occupants or investors. The property consists of nine units across three separate buildings situated on approximately 7,096 square feet of land. Unit mix: 8 studio units and 1 unit that is 3 bedroom/2 bath (Unit #4). Please note: the dental office and cannabis business shown in surrounding photos are neighboring businesses and are not part of this sale; this is a 9-unit residential property only. This is a non-contingent sale. Make offers subject to interior inspection; do not disturb the tenants. Fully occupied with the exception of one intentionally vacant unit reserved for buyer showings, providing immediate leasing flexibility after close of escrow. Ideally located on highly visible Long Beach Boulevard with convenient access to shopping, restaurants, public transportation, and major freeways; laundromat located on the same block, no on-site laundry. Meters: 3 electric (2 master, 1 individual), 2 gas (1 master, 1 individual), 1 water (master, whole property). Buyer to verify all information, including rents, expenses, zoning, permits, square footage, and use.
$5,051/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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