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alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.
DAYS ON MARKET | 179 | LAST UPDATED | 9/11/2025 |
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YEAR BUILT | 1944 | COMMUNITY | RM - Lynwood |
COUNTY | Los Angeles | STATUS | Conditional |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to May 30, '25 | $2,100,000 |
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May 30, '25 - Jun 25, '25 | $1,950,000 |
Jun 25, '25 - Jul 11, '25 | $1,860,000 |
Jul 11, '25 - Today | $1,716,000 |
ADDITIONAL DETAILS | |
AREA | RM - Lynwood |
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LOT | 0.2741 acre(s) |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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