11230 Louise Avenue, Lynwood, CA 90262
- $1,570,000
- Sold Price
- $1,570,000
- List Price
- $1,716,000
- Closing Date
- Oct 29, 2025
- Status
- CLOSED
- MLS#
- NP25109602
- Year Built
- 1944
- Lot Size
- 11,940
- Acres
- 0.27
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 157
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Additional Information
- Taxes
- $12,886
- Heat
- Combination
- 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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.