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$949,000
IV26147068 MLS ⋅ Active Status
Value-Add 9-Unit Mixed-Use Investment Opportunity! 12008 Long Beach Boulevard presents an excellent opportunity to acquire an income-producing mixed-use property in the City of Lynwood, ideal for owner-occupants or investors. The property consists of nine units across three separate buildings situated on approximately 7,096 square feet of land. Unit mix: 8 studio units and 1 unit that is 3 bedroom/2 bath (Unit #4). Please note: the dental office and cannabis business shown in surrounding photos are neighboring businesses and are not part of this sale; this is a 9-unit residential property only. This is a non-contingent sale. Make offers subject to interior inspection; do not disturb the tenants. Fully occupied with the exception of one intentionally vacant unit reserved for buyer showings, providing immediate leasing flexibility after close of escrow. Ideally located on highly visible Long Beach Boulevard with convenient access to shopping, restaurants, public transportation, and major freeways; laundromat located on the same block, no on-site laundry. Meters: 3 electric (2 master, 1 individual), 2 gas (1 master, 1 individual), 1 water (master, whole property). Buyer to verify all information, including rents, expenses, zoning, permits, square footage, and use.

12008 Long Beach, Lynwood
$850,000
NP26069694 MLS ⋅ Active Status
Imagine if you had the opportunity to purchase a great investment property that could be made even better. Well, imagine no longer and take a minute to check out this listing in Lynwood. This tri-plex offers two completely renovated units on annual leases with one unrenovated unit on a month-to-month lease. Do you want or need to live in one of the units? You have that option. Do you want to renovate the last unit and increase the rent to market? You could do that instead. But wait...there's more opportunity to improve this property. There are three garages on the property. Could they be converted into an ADU? Contact an ADU specialist and find how to get that done. Would you rather use the almost 11,000 square foot lot to build an ADU unit or two? Contact an ADU specialist and find out how to get that done. So, are you ready to check out this great opportunity? Let's talk soon.

3218 Euclid, Lynwood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.