$1,325,000
$1,275,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
11317 LOUISE AVE Lynwood, CA 90262
3,389 SqFt
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,389 sqft
Price per Sqft $390
MLS Listing ID 22119349
Sold Date 03/29/22
HOA Y/N No
Year Built 1953
Lot Size 0.275 Acres
Acres 0.275
Property Description
CALL FOR OFFERS DATE FRIDAY JANUARY 28th. This property consist of a highly desirable unit mix including a 3 bedroom unit and three 2 bedroom units. The property underwent significant renovations in the last 3 years and has been professionally managed. Renovations include quartz countertops, new cabinets, new flooring, stainless steal appliances, and lighting fixtures. The exterior has been fully reimagined including being re-landscaped, new exterior facade and a modern security fence. For an investor looking for immediate cash flow, this fits the bill as all the work has been done but the rents are below market. This property could also appeal to an owner user since there is a large 3 bedroom unit in the front. This wont last long. NO SHOWINGS PRIOR TO ACCEPTED OFFER. INSPECTION WITH ACCEPTED OFFER ONLY. DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Garage Covered
Parking Type Covered
Total Parking Spaces 10
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 6194023040
Special Listing Condition Standard
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Bought with Jonathan Weir • Marcus & Millichap