thank you
Your email has been sent.
3601 Los Flores Blvd 4 Unit Apartment Building Offered at $1,025,000 at a 4.32% Cap Rate Lynwood, CA 90262
INVESTMENT HIGHLIGHTS
- Outstanding Rental Location Near St. Francis Medical Center
- 100% Single Story Units with (4) Detached Single Car Garages
- Upside in the Rental Income
- Great Unit Mix: (2) 2-Bed / 1-Bath & (1) 1-Bed / 1-Bath
- 11.98 GRM & 4.32% Cap Rate on Current Income
- On-Site Laundry Facility
EXECUTIVE SUMMARY
We are proud to present 3601 Los Flores Boulevard, a 100% single-story, 4-unit multifamily investment opportunity located near St. Francis Medical Center in Lynwood. This desirable property offers an attractive unit mix consisting of (2) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. The building spans 2,561 square feet on a 9,210 square foot lot, with each unit separately metered for gas and electricity. The owner is currently responsible for water, trash, and common area gas and electric. Additional income exists through the onsite laundry facility, and parking includes four detached single-car garages. Lynwood is not subject to local rent control regulations, only California's statewide rent cap (AB 1482) applies, providing flexibility for rent increases. With below-market rents and room for income growth, this property presents a compelling investment opportunity in a strong rental market. No units will be delivered vacant--property will be delivered 100% tenant occupied.
PROPERTY FACTS
| Price | $1,025,000 | Lot Size | 0.21 AC |
| Price Per Unit | $256,250 | Building Size | 2,561 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 4.32% | No. Stories | 1 |
| Gross Rent Multiplier | 11.98 | Year Built | 1949 |
| No. Units | 4 | Parking Ratio | 1.56/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | LYR3 | ||
| Price | $1,025,000 |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 4.32% |
| Gross Rent Multiplier | 11.98 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.21 AC |
| Building Size | 2,561 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LYR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 2 | - | - |
1 of 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 6191-013-020 | Improvements Assessment | $64,430 |
| Land Assessment | $49,872 | Total Assessment | $114,302 |
PROPERTY TAXES
Parcel Number
6191-013-020
Land Assessment
$49,872
Improvements Assessment
$64,430
Total Assessment
$114,302
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3601 Los Flores Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.