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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,100,000

Est. payment - /mo

15 Beds

8 Baths

6,904 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,904 sqft

Price per Sqft $304

MLS Listing ID 25620523

Bedrooms 15

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1958

Lot Size 0.745 Acres

Property Description

This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets. Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.Lynwood's dynamic rental market demonstrates remarkable strength, with robust year-over-year rent growth significantly outpacing broader Los Angeles County trends. The city's demographic composition, predominantly family-oriented households with an average size exceeding four people, creates consistent demand for quality multifamily housing. This stable tenant base, combined with the area's position as an essential workforce housing market, ensures reliable occupancy and rental income. The property's location offers residents proximity to established healthcare facilities, manufacturing employment centers, and retail corridors, while maintaining the neighborhood character that attracts long-term tenants. Recent infrastructure investments and transit improvements have enhanced Lynwood's appeal to both residents and investors, positioning the area for continued growth as Los Angeles County addresses its critical housing shortage.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features One Space

Community Features Gated

View Y/N No

View None

Total Parking Spaces 7

Building

Faces South

Entry Level One

Sewer Sewer Tap Paid

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 6176002015

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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Listed by Francisco Williams Keller Williams Beverly Hills

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3161 Euclid AVE Lynwood, CA 90262