Lynwood, CA 90262,11812 School ST

$695,000

$725,000

4.1%
Est.Price: ?

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Est. payment /mo

0.26 Acres Lot


SOLD DATE : 05/07/2014

Key Details

Sold Price $695,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB14013830

Sold Date 05/07/14

HOA Y/N No

Year Built 1923

Tax Year 2012

Lot Size 0.263 Acres

Property Description

What an opportunity - an extremely well maintained four unit property across the street from Wilson Elementary School in a nice Lynwood neighborhood. The property was gutted and remodeled about 10 years ago, with copper plumbing and updated electrical, vinyl windows, new doors, etc., etc.! The property has one 4 bedroom, 2 bath unit, two 2 bedroom, 2 bath units, and one 2 bedroom, 1 bath unit, as well as a one car garage per unit, and two laundry rooms with washer and dryer hook-ups for each unit. The property is gated, with another 1-2 parking spots per unit in each driveway.
The 4 bed/2 bath unit has a large privately fenced yard, a nice living room and two hallways, each with 2 bedrooms and a shared bathroom. The middle building is comprised of two mirror-image 2 bedroom/2 bath units that are clean and spacious, and they share a back yard. The 2 bed/1 bath unit is on the south side of the property, with a private fenced yard. This is an exceptional property, perfect for the owner occupant or the savvy investor. Rents are good with some upside and the tenants are also good! Two of the units are Section 8 tenants.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks, Gated

Utilities Available Sewer Available, Sewer Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 10

Private Pool No

Building

Lot Description Corner Lot

Faces West

Story One

Entry Level One

Water Public

Architectural Style Bungalow

Level or Stories One

Others

Senior Community No

Tax ID 6175012025

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Carben Withers • The Real Estate Professionals
Bought with Johnny Lam • Treeline Realty & Investment
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6 Jenner, Unit # 250, Irvine, CA, 92618

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