CA > Lynwood
Lynwood, CA 90262,10500 Long Beach BLVD
Lynwood, CA 90262,10500 Long Beach BLVD
Lynwood, CA 90262,10500 Long Beach BLVD
Lynwood, CA 90262,10500 Long Beach BLVD
Lynwood, CA 90262,10500 Long Beach BLVD
Lynwood, CA 90262,10500 Long Beach BLVD
L&L Homes Team
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646

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$ 2,000,000

$ 1,950,000 2.6%

Est. payment | /mo

7,670 Sqft Lot

$ 2,000,000

$ 1,950,000 2.6%

Est. payment | /mo

7,670 Sqft Lot

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25071131

Year Built 1963

Lot Size 7,670 Sqft

Property Sub-Type Mixed Use

Property Description

Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don't miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYC3*

Interior

Heating Electric

Cooling Electric

Fireplaces Type None

Laundry Common Area

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Street Lights, Urban

Utilities Available Electricity Available, Electricity Connected, Water Connected

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Alex Colombo • Keller Williams Coastal Prop. • 310-978-7950
Bought with Enrique Nava • Keller Williams SELA
agent
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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