3189 Euclid AVE new

Lynwood,CA 90262

$ 7500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25113868

Year Built 1959

Lot Size 0.924 Acres

Source California Regional MLS

Property Description

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property's ideal central location (30 minutes or less median travel time to work) and the city's renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry Laundry Area

Exterior

Garage Spaces 45.0

Pool None

Building

Water District - Public

Others

Tax ID 6176002021

Special Listing Condition Not Applicable

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