It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide rent rolls and expenses, then copies of other costs that may change upon the sale not listed on this listing.
Property Details
Price:
$999,900
MLS #:
OC24247074
Status:
Active
Baths:
0
Address:
12008 Long Beach Boulevard
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
rmlynwood
City:
Lynwood
Listed Date:
Jan 4, 2025
State:
CA
ZIP:
90262
Lot Size:
7,096 sqft / 0.16 acres (approx)
Year Built:
1942
See this Listing
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Schools
Interior
Appliances
None, Free- Standing Range
Cooling
None, Wall/ Window Unit(s)
Flooring
Vinyl
Heating
None, Wall Furnace
Laundry Features
None
Exterior
Association Amenities
Trash
Community Features
Sidewalks
Construction Materials
Stucco
Other Structures
Storage
Parking Features
Driveway
Parking Spots
9.00
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial
Map
Community
- Address12008 Long Beach Boulevard Lynwood CA
- AreaRM – Lynwood
- CityLynwood
- CountyLos Angeles
- Zip Code90262
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12008 Long Beach Boulevard
Lynwood, CA
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