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''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
See this Listing
Mortgage Calculator
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
Map
Community
- Address10500 Long Beach Boulevard Lynwood CA
- AreaRM – Lynwood
- CityLynwood
- CountyLos Angeles
- Zip Code90262
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10500 Long Beach Boulevard
Lynwood, CA
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