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.
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.
Property Details
Price:
$1,716,000
MLS #:
NP25065687
Status:
Active
Baths:
0
Address:
11230 Louise Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
rmlynwood
City:
Lynwood
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
90262
Lot Size:
11,940 sqft / 0.27 acres (approx)
Year Built:
1944
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Community
- Address11230 Louise Avenue Lynwood CA
- AreaRM – Lynwood
- CityLynwood
- CountyLos Angeles
- Zip Code90262
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11230 Louise Avenue
Lynwood, CA
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