10500 Long Beach Boulevard
Lynwood, CA, 90262
$1,950,000
Beds
0 Baths
SqFt
0.18 Acres
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Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it&#39's well-positioned for sustained tenant demand. Don’t miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.

Property Details

Price:
$1,950,000
MLS #:
PW25071131
Status:
Active
Baths:
0
Address:
10500 Long Beach Boulevard
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
rmlynwood
City:
Lynwood
Listed Date:
Apr 1, 2025
State:
CA
ZIP:
90262
Lot Size:
7,670 sqft / 0.18 acres (approx)
Year Built:
1963
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Schools

Interior

Cooling
Electric
Fireplace Features
None
Heating
Electric

Exterior

Community Features
Street Lights, Urban
Garage Spaces
7.00
Lot Features
2-5 Units/ Acre
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Tenant Pays
Electricity
Utilities
Electricity Available, Electricity Connected, Water Connected

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Community

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