Down Payment Assistance
14
$1,150,000
8,145 Sqft Lot

3310 Palm Avenue, Lynwood, California 90262

map-entry
  • Residential Income Property Type
  • 4 Days Time On Market
  • 8 Cars Garage
  • 1940 Year Built
Property Description

Turnkey 3plex on a 8,145 Sq. Ft. Lot zoned LAR3 in a quiet residential neighborhood of Lynwood bringing $8,250 per month! Front house is a detached 3 Bedroom / 2 Bath unit built in 1940. The back two-story building consists of two 3 Bedroom / 2 Bath units on top of the two single car garages. Back building was built in 1990. All units are completely renovated with new gorgeous kitchens and baths and new wood laminate flooring. Rear structure just completed exterior painting and a new roof. Each unit is separately metered for gas and electricity. Rent roll (including the 10% increases) $2,970, $2,640, and $2,640 (total of $8,250/mo). Current Cap Rate 6.3%, GRM 11.6 plus additional upside!

Basic Details
Residential Income
For Sale
SB22250225
$1,150,000
1940
8,145 Sqft
Active
Triplex
Features
: Wall Furnace
: 8
: Sidewalks, Street Lights, Storm Drain(s), Urban
: Assigned
$0
: Public Sewer
Address Map
California
Los Angeles
Lynwood
90262
3310 Palm Avenue
0
W119° 47' 23.7''
N33° 54' 48.6''
MLS Addon
Lyon Stahl Investment Real Estate, Inc.
Olga Wright
$0
3,298 Sqft
$0
6.3
4
4
West of Long Beach Blvd, North of Rosecrans
$0
2
Del Sol Hs
1
1
Cash to New Loan
: Walkstreet
$1,950
Woodbury C. W.
1
6176013017
1
: Standard
1
$0
LYR3*
Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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