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11091 Atlantic Avenue, Lynwood, CA 90262

9 Bed, 3 Bath Multi-Family Home For Sale

11091 Atlantic Avenue, Lynwood, CA 90262 House For Sale - MLS #19426420
$829,000
9
3
Multi-Family
3 Family
This listing is courtesy of Elliot Hassan from Marcus & Millichap.

Property Description for 11091 Atlantic Avenue, Lynwood, CA 90262

PRICE REDUCTION - 6.44% Current Cap Rate! Great Cash Flow for 1031 Buyer or Local Investor! Large 3 Bedroom Home with 2 Car Garage in Back. Located in a non-rent control market, the buildings feature 2,828 square feet of gross area and it sit on a 5,014 square foot lot. Built in 1961, the assets consists of a three-bedroom / one-bathroom SFR, which includes a two Car Garage and Washer/Dryer Hookups. There is also a duplex which features two three-bedroom / one-bathroom units. All the units are individually metered for gas and electricity keeping landlord expenses low. Each unit has been renovated with granite countertops, custom cabinets and hardwood flooring. Current ownership has completed many capital improvements including a new roof, new plumbing and new electrical.

Interior Details

2,828 sq. ft.
$293.14/sq. ft.
Other

Exterior Details

0.12 acres
5,014 sq. ft.
3

Other Details

19426420
1961

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,850     

Unit #2
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,900     

Unit #3
Bedrooms: 3      Full / Half Baths: 1      Rent: $2,328     

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Town Description

Lynwood is a city in Los Angeles County, California, United States of America. As of the 2000 census, the city had a total population of 69,845. Lynwood is located near South Gate and Compton in the...

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