12008 Long Beach, Lynwood, CA 90262
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12008 Long Beach, Lynwood, CA 90262
12008 Long Beach, Lynwood, CA 90262
12008 Long Beach, Lynwood, CA 90262
12008 Long Beach, Lynwood, CA 90262
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Jennifer Gangawer

Jennifer Gangawer

+1(213) 215-0483
$ 949,000
Est. payment /mo
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12008 Long Beach Lynwood, CA 90262

7,095 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26147068

Construction Status Fixer

HOA Y/N No

Year Built 1942

Annual Tax Amount $7,474

Lot Size 7,095 Sqft

Property Sub-Type Mixed Use

Property Description

Value-Add 9-Unit Mixed-Use Investment Opportunity! 12008 Long Beach Boulevard presents an excellent opportunity to acquire an income-producing mixed-use property in the City of Lynwood, ideal for owner-occupants or investors. The property consists of nine units across three separate buildings situated on approximately 7,096 square feet of land. Unit mix: 8 studio units and 1 unit that is 3 bedroom/2 bath (Unit #4). Please note: the dental office and cannabis business shown in surrounding photos are neighboring businesses and are not part of this sale; this is a 9-unit residential property only. This is a non-contingent sale. Make offers subject to interior inspection; do not disturb the tenants. Fully occupied with the exception of one intentionally vacant unit reserved for buyer showings, providing immediate leasing flexibility after close of escrow. Ideally located on highly visible Long Beach Boulevard with convenient access to shopping, restaurants, public transportation, and major freeways; laundromat located on the same block, no on-site laundry.

Meters: 3 electric (2 master, 1 individual), 2 gas (1 master, 1 individual), 1 water (master, whole property). Buyer to verify all information, including rents, expenses, zoning, permits, square footage, and use.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYC2A

Rooms

Other Rooms Storage

Interior

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range

Laundry None

Exterior

Parking Features Driveway, Paved, Public

Fence Wrought Iron

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Storage

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6175017031

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 588.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by JENNY HERNANDEZ HOMEQUEST REAL ESTATE 951-300-7097, DRE #02058716

NEARBY SCHOOLS & PROPERTIES

Jennifer Gangawer

Jennifer Gangawer

Team Lead / Realtor® | License ID: 02347486

+1(213) 215-0483

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