Address not disclosed, Lynwood, California, 90262
$7,500,000
Multi-family
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 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 Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
Number of Units : 45
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 1
Unit 1 : Total Bathrooms : 1
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 1
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 2
Unit 3 : Total Bathrooms : 2
Site : Curbs,Sidewalks
Zoning : Assessor
Street Address: Address not disclosed
City: Lynwood
State: California
Postal Code: 90262
County: Los Angeles
MLS Number: PW25113868
Year Built: 1400
Courtesy of Morgan Skenderian
Courtesy of Morgan Skenderian