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10206 State Street
Lynwood CA 90262 US

$1,350,000

Active Listing ID DW24056170
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9 bed
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5.00 Bath (5 Full Bath)
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Lot: 5,263.00 Square Feet
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Other

$1,350,000

Active Listing ID DW24056170
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10206 State Street proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5, 261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.

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Property Features

  • Facts
  • Lot Size: 5,263.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: None
  • Exterior Finish: Community Features Included: Sidewalks, Level With Street

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1350000
  • unparsedaddress: 10206 State Street
  • postalcity: Lynwood
  • stateorprovince: CA
  • country: US
  • postalcode: 90262
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.120821854912764
  • lotsizeunits: Square Feet
  • lotsizearea: 5263
  • livingarea: 3706
  • livingareaunits: Square Feet
  • listagentfullname: Victor Ambriz Jr
  • listagentemail: victor@ambrizandassociates.net
  • listagentkey: 3yd-MRMLSCA-YAMBRVIC
  • listagentmlsid: YAMBRVIC
  • listagentpreferredphone: 5628427248
  • listagentofficephone: 5623341500
  • listofficekey: 3yd-MRMLSCA-YKWI
  • listagentstatelicense: 00952349
  • listofficemlsid: YKWI
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1953
  • listingcontractdate: 2024-03-20
  • countyorparish: Los Angeles
  • parcelnumber: 6208008014
  • cooling: None
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 5
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Community Features Included: Sidewalks, Level With Street
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:43:22 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Victor Ambriz Jr, Keller Williams SELA, victor@ambrizandassociates.net

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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