11230 Louise Avenue Active Save Request In-Person Tour Request Virtual Tour
Lynwood,CA 90262
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,863 sqft
Price per Sqft $352
MLS Listing ID CRNP25065687
Year Built 1944
Lot Size 0.274 Acres
Property Sub-Type Other
Property Description
alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.
Location
State CA
County Los Angeles
Interior
Heating Other
Laundry Laundry Closet