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3130 Euclid Avenue, Lynwood, CA 90262
Priced at Only: $10,000,000
For more Information Call Mobile: 714.478.6676
Address: 3130 Euclid Avenue, Lynwood, CA 90262
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  • MLS#: PW25144612 ( Apartment )
  • Street Address: 3130 Euclid Avenue
  • Viewed: 1
  • Price: $10,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: LOS ANGELES
  • City: Lynwood
  • Zipcode: 90262
  • Provided by: Morgan Skenderian
  • Contact: Doug Doug
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Pleased to present the Euclid Manor apartments, a rare opportunity to purchase a 51 unit property with an ideal unit mix of 1 Bedroom/1 Bath, 2 Bedroom/1 Bath, 2 Bedroom/2 Bath and 3 Bedroom/2 Bath units. Unit amenities include large floorplans, garages, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the propertys ideal central location (30 minutes or less median travel time to work) and the citys renter profile being over 50% of the population, the Euclid Manor apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically low vacancy rates.
Features
Assessments
  1. Special Assessments
Building Area Total
  1. 44618.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 20292.00
Fuel Expense
  1. 20292.00
Garage Spaces
  1. 51.00
Gardner Expense
  1. 1440.00
Insurance Expense
  1. 25000.00
Laundry Features
  1. Community
Laundry Income
  1. 19200.00
Levels
  1. Three Or More
Lot Features
  1. Lot Over 40000 Sqft
Netoperatingincome
  1. 667559.00
Newtaxesexpense
  1. 143510.00
Number Of Separate Electric Meters
  1. 52
Number Of Separate Gas Meters
  1. 52
Otherexpense
  1. 1500.00
Otherexpensedescription
  1. misc
Parcel Number
  1. 6176003030
Pest Control Expense
  1. 3200.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 30661.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 441889688:CRM
Taxblock
  1. 12
Totalactualrent
  1. 86204.00
Totalexpenses
  1. 354479.00
Trash Expense
  1. 20292.00
Vacancyallowance
  1. 31609
Water Sewer Expense
  1. 20292.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 18000.00
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. LYR3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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