12008 Long Beach, Lynwood, CA 90262
- $949,000
List Agent JENNY HERNANDEZ () 951-300-7097 HOMEQUEST REAL ESTATE; CoList ()
- List Price
- $949,000
- Status
- ACTIVE
- MLS#
- IV26147068
- Year Built
- 1942
- Lot Size
- 7,096
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 24
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- One Level
Property Description
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.
Additional Information
- Taxes
- $7,474
- Other Buildings
- Storage
- Appliances
- Free-Standing Range
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.