12725 Atlantic Ave 3 Unit Apartment Building $1,200,000 ($400,000/Unit) Lynwood, CA 90262

Kingside Group is proud to present 12725 Atlantic Boulevard is a single-story mixed-use apartment situated on approximately 9,556 square feet of land (0.22 acres) in Lynwood. Unit composition three (3) one-bedroom/one-bathroom units and one (1) Commercial tobacco shop measuring 500 and 1,032 square feet respectively.
The retail tenant is on a modified gross lease and has a history of over 10 years of operations at the property. For that retail unit the tenant is responsible for their own utilities and insurance. In the rear of the parcel are three (3) well maintained apartment units. The tenants pay electric & gas and the landlord is responsible for water.
In the rear of the parcel there are three (3) one-bedroom apartments in two separate structures. One of the structures has two (2) apartments, and the 3rd unit is a stand-alone Bungalow. The tenants are responsible for their electricity and the owner pays the remaining expenses. The residential tenants are within walking distance to public transportation options, and close proximity to major employment centers.
Lynwood is a dynamic, working-class community located in southeast Los Angeles County, just 12 miles south of Downtown Los Angeles. With a population of approximately 65,000 residents, the city is characterized by its strong sense of community, cultural diversity, and strategic location near major freeways, including the 710, 105, 110, and 91, making it a convenient hub for commuters and businesses alike. Due to its centrality to the center of Los Angeles this will be a great investment for years to come.