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3580 Beechwood Ave
Lynwood, CA 90262
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Single Story Four Plex in Lynwood located down the street from St. Francis Medical Center
- Current rents are 30% below market rate - substantial upside in income
- Property is situated on a large 7,722 square foot lot - opportunity to build up to 4 ADU's in the rear of the lot utilizing AB-1211
- Front Unit is currently vacant - owner user opportunity
- Lynwood does not have municipal rent control- under AB-1482 allowing for higher rent increases
- Four covered parking spaces in the rear carport plus additional parking on the property for tenants
Property Facts
| No. Units | 4 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 2,160 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1949 |
| Zoning | LYR3YY - Multi-Family Residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,160 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | LYR3YY - Multi-Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,438 | - |
Property Taxes
| Parcel Number | 6173-011-007 | Improvements Assessment | $324,729 |
| Land Assessment | $551,828 | Total Assessment | $876,557 |
Property Taxes
Parcel Number
6173-011-007
Land Assessment
$551,828
Improvements Assessment
$324,729
Total Assessment
$876,557
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