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Listed by: Jackson Jorgensen (626) 399-2415 DRE #02022727 | Younglewin Advisors, Inc. (562) 318-0215
$5,000,000
3 Beds
3 Baths
--sqft
12424 Atlantic, Lynwood, CA 90262
$5,000,000
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Apartment
Built in 1958
$-- HOA
23,974 sqft lot
--/sqft
Description
We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building.
The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, whi...
- Houzeo last checked: 52 minutes ago
- Listing updated: June 30, 2026 at 8:15 pm
- Source: California Regional MLS-CA | MLS#: PW26137735
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
- sqft
Lot Size
23,974 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26137735
MLS Status
Active
Days on Market
17
Cumulative Days on Market
6
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