Prime 5-Unit Investment Opportunity in Lynwood! Seize this exceptional investment opportunity with this income-producing 5-unit property, now offering higher rental income and strong financials! Featuring a mix of 1, 2 bedroom units, this well-maintained asset is fully occupied with long-term tenants, ensuring stability and growth. Gross Scheduled Income: $89,640 – Net Operating Income: $75,947 – Monthly Rents -Unit A: $1,390, Unit B: $1,410, Unit C: $1,640, Unit D: $1,410 and Unit E: $1,620. Strategically located in a high-demand rental market. This property features secure parking for tenants, well kept and is close to schools, shopping, and major transportation routes, making it an ideal choice for tenants and a lucrative asset for investors. With strong cash flow, room for future appreciation, and a prime location, this property is the perfect addition to any investor’s portfolio. Don’t miss out!
Property Details
Price:
$1,300,000
MLS #:
PW25011297
Status:
Active
Baths:
0
Address:
3203 Wisconsin Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
rmlynwood
City:
Lynwood
Listed Date:
Jan 16, 2025
State:
CA
ZIP:
90262
Lot Size:
5,287 sqft / 0.12 acres (approx)
Year Built:
1959
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
None
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Street Lights
Electric
Standard
Fencing
Block
Garage Spaces
5.00
Lot Features
Walkstreet
Parking Features
Concrete, Garage, Street
Parking Spots
5.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected
Map
Community
- Address3203 Wisconsin Avenue Lynwood CA
- AreaRM – Lynwood
- CityLynwood
- CountyLos Angeles
- Zip Code90262
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3203 Wisconsin Avenue
Lynwood, CA
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