3354 E Imperial

    Lenwood, CA 90262
    • $1,099,900
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: DW18269421
    UPDATED: 99 min ago
    $1,099,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,220
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    This Mixed-Use apartment/ retail property located near the intersection of Imperial Ave. and Long Beach Blvd in the city of Lynwood.The property contains two buildings with garage parking for all residential units.1st bldg: Retail storefront and 3 bed 1 bath residential unit. The retail storefront is currently dividedand used as a barber shop w/ bath, and an office for Flooring & Blinds company. 2nd bldg: 2residential units upstairs, and 1 residential unit and garages downstairs. The 2 upstairs units are 2bed/1 bath each. The downstairs unit is 1 bed/1 bath.All units are well maintained with updated flooring. No rent control area/ Month-to-Month. All unitscan be delivered vacant to allow for maximum market rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89259333

    3354 E Imperial Lenwood, CA 90262

    • Price: $1,099,900
    • Status: Active
    • Updated: 99 min ago
    • ID#: DW18269421
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,220
    SQFT
    $261
    $/SQFT
    1964
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    This Mixed-Use apartment/ retail property located near the intersection of Imperial Ave. and Long Beach Blvd in the city of Lynwood.The property contains two buildings with garage parking for all residential units.1st bldg: Retail storefront and 3 bed 1 bath residential unit. The retail storefront is currently dividedand used as a barber shop w/ bath, and an office for Flooring & Blinds company. 2nd bldg: 2residential units upstairs, and 1 residential unit and garages downstairs. The 2 upstairs units are 2bed/1 bath each. The downstairs unit is 1 bed/1 bath.All units are well maintained with updated flooring. No rent control area/ Month-to-Month. All unitscan be delivered vacant to allow for maximum market rents.
    Exterior Features

    Construction Materials Stucco Garage Spaces 5.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling CentralWall Window Cooling YN Yes Flooring Laminate Heating Wall Heater Heating YN Yes Interior Features Ceiling Fan Laundry Features Gas Dryer HookupInsideWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cable Tv Expense 0.00 Cap Rate 5.80 Community Features SidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Gardener Expense 0.00 Gross Income 87473.00 Gross Multiplier 12.24 Gross Operating Income 87473.00 Gross Scheduled Income 89808.00 Insurance Expense 3243.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 0.00 Net Operating Income 64096.00 New Construction YN No New Taxes Expense 13200.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 23377.00 Operating Expense Percent 26.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN No Security Expense 0.00 Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0.00 Total Expenses 23377.00 Trash Expense 2395.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 2335 Vacancy Allowance Rate 2.60 Water Sewer Expense 4538.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor Zoning Lyc2*

    Listing provided courtesy of Andrew Bedolla of Lotus Group Real Estate and Gilbert Cabrera Jr. of Lotus Group Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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