11230 Louise Avenue, Lynwood, CA 90262
- $1,575,000
- Sold Price
- $1,575,000
- List Price
- $1,716,000
- Closing Date
- Nov 17, 2025
- Status
- CLOSED
- MLS#
- NP25065687
- Year Built
- 1944
- Lot Size
- 11,940
- Acres
- 0.27
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 158
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.
Additional Information
- Pool Description
- None
- Heat
- Combination
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $164,100
- Operating Expense
- 35441
Listing courtesy of Listing Agent: Louis DiGonzini (Ldigonzini@thedigonzinigroup.com) from Listing Office: eXp Realty of Southern Ca, Inc.
Listing sold by Jimmy Thach from Seal Real Estate
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