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$1,550,000
12 Beds 8 Baths 26855073 MLS Active Status
Exceptional investment opportunity to acquire a well-maintained fourplex built in 1983, situated on an expansive approximately 8,710 square foot lot. The property consists of four spacious 3-bedroom, 2-bath units, each offering approximately 1,000 square feet of living space, creating an attractive unit mix that is consistently in demand. Designed for tenant comfort and long-term occupancy, every unit features washer and dryer hookups, a private garage, and an additional covered carport parking space amenities that help attract and retain quality tenants. Several units were remodeled in 2000 and have been thoughtfully updated and maintained over the years as needed, reflecting pride of ownership throughout the property. An additional advantage is that the property is not subject to local rent control, providing investors with greater flexibility for future rental adjustments in accordance with applicable California law. The multifamily zoning may provide additional value-add opportunities, including the potential for ADU development or future expansion, subject to buyer verification with the City. Ideally located with convenient access to shopping, schools, parks, public transportation, and major freeways, this turnkey asset presents an outstanding opportunity for investors seeking stable income with long-term appreciation potential.

3346 Martin Luther King Jr Boulevard, Lynwood

$699,000
3 Beds 1 Baths 26651295 MLS Active Status
Excellent opportunity in Lynwood with strong upside potential. This 3-bedroom, 1-bath home sits on a spacious lot and is ideal for buyers looking to renovate or invest. The property also includes a detached unpermitted ADU offering approximately 380 square feet of additional flexible-use space, including a sitting area, bedroom area, and bathroom. Two-car garage with high ceilings provides excellent storage or workspace potential, along with an additional unfinished storage/workshop area of approximately 250 square feet located behind the garage. Conveniently located with access to major freeways and local amenities. Buyer to verify permits, square footage, condition, and intended use of all structures. Property sold as-is.

11579 Virginia Avenue, 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.