12008 Long Beach Boulevard, Lynwood, CA 90262

  • $1,299,000
  • $1,299,888
12008 Long Beach Boulevard, Lynwood, CA 90262
  • Mixed Use, Residential Income
  • Property Type
  • 3016
  • Sqft
  • 1942
  • Year Built
Active Fixer
12008 Long Beach Boulevard, Lynwood, CA 90262
12008 Long Beach Boulevard, Lynwood, CA 90262
  • $1,299,000
  • $1,299,888

Description

It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide rent rolls and expenses, then copies of other costs that may change upon the sale not listed on this listing.

  • Address 12008 Long Beach Boulevard
  • State/county CA
  • Zip/Postal Code 90262
  • Country US

Details

Updated on April 6, 2025 at 5:42 pm
  • Property ID: OC24247074
  • Price: $1,299,000
  • Property Size: 3016 Sqft
  • Land Area: 0.1629 Acres
  • Garage Size: x x
  • Year Built: 1942
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac,Submit
  • Roof: Composition
  • Utilities: Electricity Connected,Natural Gas Available,Sewer Connected
  • Sewer: Public Sewer
  • Cooling: None,Wall/Window Unit(s)
  • Heating: None,Wall Furnace
  • Flooring: Vinyl
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Driveway
  • Community Features: Sidewalks

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Anush
  • Anush