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Listed by: Jackson Jorgensen (626) 399-2415 DRE #02022727 | Younglewin Advisors, Inc. (562) 318-0215
$1,075,000
6 Beds
- 6 Baths
--sqft
3535 Los Flores, Lynwood, CA 90262
$1,075,000
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Apartment
Built in 1948
$-- HOA
9,209 sqft lot
--/sqft
Description
We are pleased to present 3535 Los Flores Blvd, a six-unit apartment building in the city of Lynwood to market. The property features a desirable layout consisting of a single-story four-unit building in the front, complemented by a two-unit structure situated above garages in the rear.
The asset offers strong cash flow from day one, operating at a 10.0 GRM and a 5.82% cap rate, with approximately 23% rental upside available. Achieving market rents would elevate the property to a pro forma 8% cap rate. Recent upgrades include the replacement of two of the six electrical subpanels, along with new individual water heaters installed for each unit.
Lynwood does not im...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1948
HOA Fees
-
Finished Area
- sqft
Lot Size
9,209 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25263435
MLS Status
Active
Days on Market
18
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