11230 Louise AVE
Lynwood, CA 90262
- 0.27 Lot Size
- 1944 Year Built
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.
GALLERY
PROPERTY DETAIL
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID NP25065687
HOA Y/N No
Year Built 1944
Lot Size 0.274 Acres
Property Sub-Type Quadruplex
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Interior
Heating Combination
Fireplaces Type None
Fireplace No
Laundry Laundry Closet
Exterior
Carport Spaces 9
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 9
Private Pool No
Others
Senior Community No
Tax ID 6194026005
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
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