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Listed by: Jackson Jorgensen (626) 399-2415 DRE #02022727 | Younglewin Advisors, Inc. (562) 318-0215
$800,000
12 Beds
- 6 Baths
--sqft
11952 Santa Fe Ave, Lynwood, CA 90262
$800,000
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Apartment
Built in 1953
$-- HOA
7,060 sqft lot
--/sqft
Description
We are pleased to present 11952 Santa Fe Ave, a single story three unit apartment building in the city of Lynwood to market. The property consists of all two bedroom/one bath units on a 7,060 square foot lot. In addition to three single car garages in the front of the property, there is one parking space in front of each garage allowing each tenant to have parking for two cars.
A new owner could potentially convert the front garage into a 600 square foot ADU as well.
Current rents are nearly 45% below market rate, allowing a new investor substantial upside in future rental income. In addition, Lynwood does not have local rent control and is under AB-1482, allowing fo...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1953
HOA Fees
-
Finished Area
- sqft
Lot Size
7,060 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25245571
MLS Status
Active
Days on Market
46
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