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10355 Long Beach BLVD Lynwood, CA 90262
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Key Details
Sold Price $4,000,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25061322
Year Built 1963
Annual Tax Amount $55,375
Lot Size 0.481 Acres
Property Sub-Type Apartment
Property Description
Pleased to present 10355 Long Beach Boulevard, a rare 30-unit multifamily opportunity with excellent visibility on a corner location of a high-traffic thoroughfare. The property has a Lynwood address but lies in a South Gate neighborhood. The property offers a mix of studio, 1 and 2-bedroom units that perfectly cater to the surrounding tenant base. There is substantial rental upside for a new owner to bring income up to market levels.
The property has recently replaced roof, electrical panels and water heaters. There is ample on-site parking, laundry facilities and gated entry/parking. The property is master-metered for all utilities.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LYC3*
Interior
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Building
Lot Description Corner Lot
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Doug Rodermund Morgan Skenderian
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