Contact Xavier Gomez
Schedule A Showing
11230 Louise Avenue, Lynwood, CA 90262
Priced at Only: $1,716,000
For more Information Call
Mobile: 714.478.6676
Address: 11230 Louise Avenue, Lynwood, CA 90262
Property Photos
Property Location and Similar Properties
- MLS#: NP25065687 ( Quadruplex )
- Street Address: 11230 Louise Avenue
- Viewed: 7
- Price: $1,716,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1944
- Bldg sqft: 0
- Days On Market: 228
- Additional Information
- County: LOS ANGELES
- City: Lynwood
- Zipcode: 90262
- Provided by: eXp Realty of Southern Ca, Inc
- Contact: Louis Louis

- DMCA Notice
-
Descriptionalue 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.
Features
Association Fee
- 0.00
Building Area Total
- 4863.00
Carport Spaces
- 9.00
Commoninterest
- None
Common Walls
- No Common Walls
Country
- US
Days On Market
- 164
Electric
- 220 Volts in Laundry
Electric Expense
- 3113.00
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Heating
- Combination
Insurance Expense
- 5179.00
Laundry Equipment Own Lease
- Lease
Laundry Features
- In Closet
Laundry Income
- 624.00
Levels
- Two
Lockboxtype
- None
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 125183.00
Newtaxesexpense
- 33108.00
Otherincome1
- 900.00
Parcel Number
- 6194026005
Pest Control Expense
- 556.00
Pool Features
- None
Postalcodeplus4
- 3157
Professionalmanagementexpense
- 0.00
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 434960622:CRM
Tenant Pays
- Cable TV
- Electricity
- Gas
Totalactualrent
- 164100.00
Totalexpenses
- 35441.00
Trash Expense
- 380.00
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
Vacancyallowance
- 5000
Water Sewer Expense
- 352.00
Water Source
- Public
Year Built
- 1944
Year Built Source
- Assessor
Zoning
- LYR3YY
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com


























