3189 Euclid Avenue, Lynwood, California, 90262
$7,500,000
Other
Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
Sewer: Public Sewer
Water Source: Public
Carport Spaces: 45.00
# of Parking Spaces: 45.00
Lot Features: Lot Over 40000 Sqft
Parcel Identification Number: 6176002021
Year Built Source: Assessor
Common Walls: 2+ Common Walls
Laundry Features: Common Area
Laundry: Has Laundry
Zoning: LYR3YY
MLSAreaMajor: 699 - Not Defined
Street Address: 3189 Euclid Avenue
City: Lynwood
State: California
Postal Code: 90262
County: Los Angeles
MLS Number: PW25113868
Year Built: 1959
Courtesy of Morgan Skenderian
Courtesy of Morgan Skenderian
