CA > Lynwood
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
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$7,500,000
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0.92 Acres Lot
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3189 Euclid Avenue Lynwood, CA 90262

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Ben Ruiz

Ben Ruiz

+1(619) 733-4635

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25113868

HOA Y/N No

Lot Size 0.924 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the propertys ideal central location (30 minutes or less median travel time to work) and the citys renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the propertys ideal central location (30 minutes or less median travel time to work) and the citys renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Area Lynwood (90262)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $820

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

San Diego Regional MLS (SDMLS)
Listed by Doug Rodermund • Morgan Skenderian

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agent

Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

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3189 Euclid Avenue

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