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3580 Beechwood Ave
Lynwood, CA 90262

$850,000 USD

Apartments For Sale  •  2,160 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,160 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1949
  • Zoning LYR3YY
0 Transit Score
83 Walk Score

Highlights

Single Story Four Plex in Lynwood located down the street from St. Francis Medical Center
Front Unit is currently vacant - owner user opportunity
Current rents are 30% below market rate - substantial upside in income
Lynwood does not have municipal rent control- under AB-1482 allowing for higher rent increases
Property is situated on a large 7,722 square foot lot - opportunity to build up to 4 ADU's in the rear of the lot utilizing AB-1211
Four covered parking spaces in the rear carport plus additional parking on the property for tenants

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.6 mi
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.0 mi
Transit/SubwayDriveWalkDistance
Long Beach Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 20 min - 12.6 mi
Los Angeles International 20 min - 13.3 mi
Bob Hope 40 min - 29.1 mi
Jack Jorgensen 626-399-2415 Young Lewin Advisors
Jack Jorgensen 626-399-2415 Young Lewin Advisors