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Listed by Maggie Ureno • Marthanne Etheridge, Broker
$900,000
Est. payment /mo
9,094 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25072693
Originating Board California Regional MLS
Year Built 1953
Lot Size 9,094 Sqft
Property Description
BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Rooms
Kitchen Other
Interior
Heating Radiant, Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Garage, Other, Side By Side
Garage Spaces 8.0
Pool 31, None
View None
Building
Lot Description Grade - Level, Paved
Water Hot Water, District - Public
Others
Tax ID 6173006006
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033