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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 850,000

Est. payment | -/mo

8,803 Sqft Lot

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$ 850,000

Est. payment | -/mo

Save Virtual Tour

8,803 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26234683

HOA Y/N No

Year Built 1948

Lot Size 8,803 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent opportunity to own a four-unit residential income property in Lynwood. This multifamily property features a desirable unit mix of three one-bedroom one bath units and one two-bedroom one bath unit, offering multiple income streams for investors. The property includes four individual one-car garages providing valuable parking and additional convenience for residents. Each unit is equipped with its own water heater and laundry hookups, desirable features for multifamily living. Two of the unit bathrooms were remodeled last year, offering improvements for tenants and future ownership. The owner currently pays for water and trash, while tenants pay their own gas and electricity. Situated on an approximately 8,803-square-foot lot, the property offers potential for investors seeking to hold an income-producing asset in the Los Angeles County rental market. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Explore the possibilities this multifamily property offers for long-term ownership and rental income.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Interior Features All Bedrooms Down, Galley Kitchen

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Inclusions Water heaters in each unit

Fireplace No

Appliance Free-Standing Range, Disposal, Gas Range, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Parking Features Door-Single, Driveway, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Chain Link, Wood

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Lawn, Rectangular Lot, Street Level

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6191013006

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://marshalladamsmedia.hd.pics/3592-Norton-Ave

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Desi Reyes First Team Real Estate 714-264-8473, DRE #00903732

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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3592 Norton Avenue Lynwood, CA 90262