Description
Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Details
Features
Additional details
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Listing Terms: Cash, 1031 Exchange
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Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Heating: Combination
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County: Los Angeles
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Property Type: Commercial Sale
Address
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Address: 11230 Louise Avenue
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State/county: CA
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Zip/Postal Code: 90262
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Country: US
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