12008 Long Beach Boulevard, Lynwood, CA 90262
-
Listed Price :
$1,300,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1942
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Vinyl |
| Interior Information |
| Features |
All Bedrooms Down |
| Cooling Type |
None, Wall/Window Unit(s) |
Listing Information
| Address |
12008 Long Beach Boulevard |
| City |
Lynwood |
| State |
CA |
| Zip |
90262 |
| County |
Los Angeles |
| Listing Agent |
Mike Trelles DRE #01176983 |
| Co-Listing Agent |
Justin Tye DRE #01728694 |
| Courtesy Of |
Real Broker |
| List Price |
$1,300,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
7,096 |
| Year Built |
1942 |
Listing information courtesy of: Mike Trelles, Justin Tye, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 14th, 2025 at 12:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
