11230 Louise Avenue, Lynwood, CA 90262

0 beds 0 baths 11,940 sq.ft.

Offerered at: $1,716,000.00

County: Los Angeles
Year Built: 1944
Association Fees: $0.00/mo.

Property Description

alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.

ESSENTIAL INFO

  • Status: Active Under Contract