Listing IDOC22198409
Price$998,000
Price/SqFt$339.92
StatusActive
SqFt
2,936
Acres
0.209
CountyLos Angeles
Year Built1910
Property TypeResidential Income
Property Sub TypeQuadruplex
Legacy units have not been on the market since 1977! Over 9100 SQFT OF LAND in great residential neighborhood near freeway and shopping. Property is a single story craftsman SFR in front, another single story detached behind that, and then a single story duplex behind with a long driveway and yard. Plus: attached to the duplex are 4 garages facing the alley not included in tenant's rents so available to lease out! Each unit is 2 bedrooms and 1 bath and price reflects all in fixer condition. Here's your chance to own like a legacy investor and earn some sweat equity. or Looking for a detached home to buy and live in? Why not get this one with 3 more units for income?! There is an opportunity to clean up and update these units and get this bargain to yield a great upside month after month. Please confirm with City of Lynwood that with approved permits for substantial renovation, City may approve 60 days' notice and only ONE month's rent relocation assistance for tenants!
County
Los Angeles
Price Reduction Date
2023-12-30T15:33:27+00:00
Price/SqFt
339.92
Property Sub Type
Quadruplex
Property Type
Residential Income
Year Built
1910
Zoning
LYR3YY
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
734
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Average Studio Area Units
Square Feet
Building Area Units
Square Feet
Common Walls
2+ Common Walls
Laundry
no
Laundry Features
None
Lot Features
Lot 6500-9999, Rectangular Lot, Treed Lot
Lot Size Area
9110
Lot Size Source
Assessor
Lot Size Square Feet
9110
Number Of Buildings
2
Parking
yes
Parking Features
Driveway
Parking Total
8
Pool Features
None
Private Pool
no
Property Attached
yes
Sewer
Public Sewer
Uncovered Spaces
8
Water Source
Public
Country
US
Elevation Units
Feet
MLS Area Major
RM - Lynwood
Additional Parcels
no
Community Features
Sidewalks, Street Lights, Suburban
Days On Market
490
List Agent State License
01319367
List Office State License
01353781
Lot Size Units
Square Feet
New Construction
no
Number Of Separate Electric Meters
4
Number Of Separate Gas Meters
4
Number Of Separate Water Meters
4
Number Of Units Total
4
Parcel Number
6173006007
Senior Community
no
Year Built Source
Assessor
Electric Expense
2114
Gardener Expense
1080
Gross Scheduled Income
34910
Insurance Expense
2722
Land Lease
no
Maintenance Expense
648
Net Operating Income
21315
New Taxes Expense
2237
Operating Expense
13594
Other Expense
94
Other Expense Description
ads
Other Income Description
none
Price Per Unit
249500
Rent Control
yes
Special Listing Conditions
Standard, Trust
Tax Census Tract
5402.03
Tax Lot
479
Tax Tract Number
2551
Total Expenses
13594
Trash Expense
2350
Water Sewer Expense
2349
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Telford Real Estate Inc or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact - Listing ID OC22198409
Nancy Telford
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