12008 Long Beach

Lynwood, CA 90262
  • $949,000

    Price
  • 3

    Bed
  • 10

    Bath
  • 3,016

    SqFt

About the Listing IVHOMEQ - IVJENNHER

Value-Add 9-Unit Mixed-Use Investment Opportunity! 12008 Long Beach Boulevard presents an excellent opportunity to acquire an income-producing mixed-use property in the City of Lynwood, ideal for owner-occupants or investors. The property consists of nine units across three separate buildings situated on approximately 7,096 square feet of land. Unit mix: 8 studio units and 1 unit that is 3 bedroom/2 bath (Unit #4). Please note: the dental office and cannabis business shown in surrounding photos are neighboring businesses and are not part of this sale; this is a 9-unit residential property only. This is a non-contingent sale. Make offers subject to interior inspection; do not disturb the tenants. Fully occupied with the exception of one intentionally vacant unit reserved for buyer showings, providing immediate leasing flexibility after close of escrow. Ideally located on highly visible Long Beach Boulevard with convenient access to shopping, restaurants, public transportation, and major freeways; laundromat located on the same block, no on-site laundry. Meters: 3 electric (2 master, 1 individual), 2 gas (1 master, 1 individual), 1 water (master, whole property). Buyer to verify all information, including rents, expenses, zoning, permits, square footage, and use.

Listing Highlights

Status Active
Days on Site 45
Property Type Multi-Family
MLS ® IV26147068
Year Built 1942
Total Square Footage 3,016
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 3
  • Bathrooms: 10 Full
  • Appliances: Free-Standing Range
  • Air Cond: Wall/Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor: Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 9
  • Zoning: LYC2A
  • Roof: Composition
  • Others: Fixer,Stucco,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway,Paved,Public

Financial Details

  • Tax Amount: $7,474
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6175017031
  • Tax Year: N/A

Payment Calculator

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Questions About..

12008 Long Beach Lynwood, CA 90262

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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