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3161 Euclid Ave, Lynwood, CA 90262 3161 Euclid Ave 7 Unit Apartment Building $2,100,000 ($300,000/Unit) 7.19% Cap Rate Lynwood, CA 90262



INVESTMENT HIGHLIGHTS
- Development Upside: Current 7 units can expand to 40+ units through base zoning, 72+ unitsDevelopment Upside: Current 7 units can expand
- Supply-Constrained Market: No major apartment deliveries 2020-2025 with limited development pipeline
- Transit-Oriented Location: 18 minutes to Lynwood Metro C Line station with direct access to Downtown LA and LAX
EXECUTIVE SUMMARY
This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets. Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.
PROPERTY FACTS
| Price | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.75 AC |
| Cap Rate | 7.19% | Building Size | 6,904 SF |
| Gross Rent Multiplier | 9.35 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | ||
| Zoning | LAC2 | ||
| Price | $2,100,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 7.19% |
| Gross Rent Multiplier | 9.35 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 6,904 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | LAC2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 6176-002-015 | Improvements Assessment | $611,235 |
| Land Assessment | $1,391,535 | Total Assessment | $2,002,770 |
PROPERTY TAXES
Parcel Number
6176-002-015
Land Assessment
$1,391,535
Improvements Assessment
$611,235
Total Assessment
$2,002,770
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3161 Euclid Ave, Lynwood, CA 90262 | 3161 Euclid Ave
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