$895,000
$875,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
9,626 Sqft Lot
SOLD DATE : 10/30/2023
Key Details
Sold Price $895,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW23183176
Sold Date 10/30/23
Construction Status Repairs Cosmetic,Turnkey
HOA Y/N No
Year Built 1965
Lot Size 9,626 Sqft
Property Description
Welcome to your investment opportunity in the heart of Lynwood, California! Nestled in this thriving city, this triplex unit offers a blend of comfort, convenience, and income potential that every investor desires. This triplex comprises three separate units, each with its unique layout and charm. Whether you’re a seasoned investor or just starting, this property is your ticket to maximizing monthly cash flow. Situated in Lynwood, you’re moments away from shopping, dining, schools, and efficient public transportation. Lynwood’s strategic location ensures a high demand for rental properties. Spacious Living Areas: Each unit boasts generous living spaces, with two bedrooms and one bath, ensuring comfort for tenants and excellent rental potential. This property is a proven income earner that will be an asset to any investor’s portfolio. The property’s well-manicured lawn front and back of each unit features providing tenants with a delightful outdoor space to enjoy. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer interested in securing your financial future, this triplex unit in Lynwood is a golden opportunity. Don’t miss out on this promising investment. Contact us today to schedule a showing and explore the potential of this triplex. Secure your place in this thriving community now!
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Interior
Interior Features Storage, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry Washer Hookup, Inside
Exterior
Parking Features Direct Access, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link, Fair Condition
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
View Y/N Yes
View Neighborhood, Trees/Woods
Roof Type Shingle
Accessibility Accessible Doors
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Faces North
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic,Turnkey
Others
Senior Community No
Tax ID 6188016001
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA, Fannie Mae, Freddie Mac, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Yvette Geater • Century 21 Masters
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "