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$ 2,195,000
Est. payment /mo
New
3673 E Imperial HWY Lynwood, CA 90262
12 Beds
11 Baths
6,150 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,150 sqft
Price per Sqft $356
MLS Listing ID 26869027
Bedrooms 12
HOA Y/N No
Year Built 1953
Lot Size 0.250 Acres
Property Description
Presenting this exceptional 11-unit multifamily investment, offered exclusively for the first time in years. 3673 & 3681 E imperial Hwy is comprised of two adjacent parcels spanning four separate, well-maintained structures on a combined lot of just under 11,000 square feet in the heart of Lynwood. Lush, professionally manicured landscaping ties the buildings together into a private, cozy courtyard setting that is rarely found in a property of this scale.The property offers a total of 11 units (10 of which appear on public record), with a desirable unit mix of two (2 bedroom / 1 bath) units, eight (1 bedroom / 1 bath) units, and one (studio + 1 bath) unit. Residents also benefit from onsite garage parking, a valuable amenity in this submarket.Current ownership has invested heavily in the asset, completing an extensive round of capital improvements that include new exterior paint, a new roof, updated windows, upgraded plumbing, and numerous interior unit improvements. As a result, this offering presents a rare turnkey opportunity for a new investor to begin profiting from the close of escrow, with minimal deferred maintenance to contend with.The property currently generates approximately $19,500 per month in gross income, with meaningful upside remaining to increase rents to market levels, offering a clear value-add opportunity for the next owner.Situated on E. Imperial Highway, the property benefits from a convenient infill Los Angeles County location with strong rental demand fundamentals. It sits just minutes from Plaza Mexico, one of the region's premier shopping and dining destinations, and offers easy access to the I-105 and I-710 freeways, connecting residents to Downtown Los Angeles, Long Beach, and LAX. The property is surrounded by the established, densely populated communities of Compton, Downey, South Gate, and Huntington Park, supporting consistent occupancy and long-term rental demand.With extensive upgrades already completed, stable in-place income, and meaningful rental upside, this offering is well suited for an investor seeking a stabilized, value-add multifamily asset in one of Los Angeles County's high-demand rental submarkets.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Assigned, Garage
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6191024007
Special Listing Condition Standard
Listed by Enrique Viramontes Remax Commercial and Investment Realty #01372010