Log In/Sign Up
Your email has been sent.
3364 Elizabeth Ave 8 Unit Apartment Building $1,975,000 ($246,875/Unit) 6.86% Cap Rate Lynwood, CA 90262
Investment Highlights
- New Roof!
- All New Electrical Meters and Panels!
Executive Summary
Knock, Knock! Cash Cow at the door! Your next Investment Opportunity is Knocking! Unlock the potential of this fantastic opportunity to own a well-maintained apartment building in the vibrant City of Lynwood. This building has been remodeled, upgraded, and professionally managed for over 15 years. Recent upgrades include All New Roof-All New Exterior Main Electrical Panels-All New Interior Sub-panels. The unit mix consists of six 2 Beds 1 Bath and two 1 bed 1 bath. Lynwood is a thriving community with a strong rental market and no local municipal rent control. This is a great addition to any real estate portfolio. Answer when Opportunities are Knocking!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$187,824
|
$30.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$187,824
|
$30.93
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$56,347
|
$9.28
|
| Net Operating Income |
$131,477
|
$21.65
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $187,824 |
| Annual Per SF | $30.93 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $187,824 |
| Annual Per SF | $30.93 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $56,347 |
| Annual Per SF | $9.28 |
| Net Operating Income | |
|---|---|
| Annual | $131,477 |
| Annual Per SF | $21.65 |
Property Facts In Escrow
| Price | $1,975,000 | Building Class | C |
| Price Per Unit | $246,875 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 6,072 SF |
| Cap Rate | 6.86% | Average Occupancy | 97% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R3YY, Lynwood - Residential | ||
| Price | $1,975,000 |
| Price Per Unit | $246,875 |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,072 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3YY, Lynwood - Residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
Property Taxes
| Parcel Number | 6191-005-013 | Improvements Assessment | $463,456 |
| Land Assessment | $246,204 | Total Assessment | $709,660 |
Property Taxes
Parcel Number
6191-005-013
Land Assessment
$246,204
Improvements Assessment
$463,456
Total Assessment
$709,660
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3364 Elizabeth Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.