3203 Wisconsin AVE Active

Lynwood,CA 90262

$ 1300000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25011297

HOA Y/N No

Year Built 1959

Lot Size 5,288 Sqft

Property Sub-Type Apartment

Property Description

Prime 5-Unit Investment Opportunity in Lynwood! Seize this exceptional investment opportunity with this income-producing 5-unit property, now offering higher rental income and strong financials! Featuring a mix of 1, 2 bedroom units, this well-maintained asset is fully occupied with long-term tenants, ensuring stability and growth. Gross Scheduled Income: $89,640 - Net Operating Income: $75,947 - Monthly Rents -Unit A: $1,390, Unit B: $1,410, Unit C: $1,640, Unit D: $1,410 and Unit E: $1,620. Strategically located in a high-demand rental market. This property features secure parking for tenants, well kept and is close to schools, shopping, and major transportation routes, making it an ideal choice for tenants and a lucrative asset for investors. With strong cash flow, room for future appreciation, and a prime location, this property is the perfect addition to any investor's portfolio. Don't miss out!

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Laminate

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features Concrete,Garage,On Street

Garage Spaces 5.0

Garage Description 5.0

Fence Block

Pool None

Community Features Street Lights,Sidewalks

Utilities Available Cable Available,Electricity Available,Natural Gas Connected,Sewer Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Accessibility None

Total Parking Spaces 5

Private Pool No

Building

Lot Description Walkstreet

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6207008016

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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