Homes for sale - 12008 Long Beach BLVD, Lynwood, CA 90262

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1st Class Real Estate Mavericks

1stclassmavericks@gmail.com +1(760) 203-3373

$1,300,000

Est. payment - /mo

7,095 Sqft Lot

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UPDATED:

01/04/2025 09:29 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24247074

Construction Status Fixer

HOA Y/N No

Year Built 1942

Lot Size 7,095 Sqft

Property Description

It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide rent rolls and expenses, then copies of other costs that may change upon the sale not listed on this listing.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYC2A*

Rooms

Other Rooms Storage

Interior

Interior Features All Bedrooms Down

Heating None, Wall Furnace

Cooling None, Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range

Laundry None

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected

Amenities Available Trash

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Storage

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6175017031

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1000.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Special Listing Condition Standard

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Listed by Mike Trelles • Real Broker • 714-955-8910

1st Class Real Estate Mavericks

Brokerage | License ID: 02245942

+1(760) 203-3373 | 1stclassmavericks@gmail.com

12008 Long Beach BLVD Lynwood, CA 90262

1st Class Real Estate Mavericks

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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