11230 Louise Avenue, Lynwood, CA 90262
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Listed Price :
$2,100,000
-
Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1944
Property Description
Value-add 6-unit building consisting of 5-2 bedroom, 1 bath and 1-4 bedroom, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. With a pro forma cap rate of 6.58%, this asset presents an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022.
Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Closet |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
11230 Louise Avenue |
| City |
Lynwood |
| State |
CA |
| Zip |
90262 |
| County |
Los Angeles |
| Listing Agent |
Louis DiGonzini DRE #01502775 |
| Courtesy Of |
Keller Williams Legacy |
| List Price |
$2,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
11,940 |
| Year Built |
1944 |
Listing information courtesy of: Louis DiGonzini, Keller Williams Legacy. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 2nd, 2025 at 1:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
