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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 997,000

Est. payment -/mo

Save

Price Dropped by $88K

10942 Standard AVE Lynwood, CA 90262

3 Beds

2 Baths

1,373 SqFt

UPDATED:

10/15/2024 05:52 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,373 sqft

Price per Sqft $726

MLS Listing ID 24440299

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1941

Lot Size 5,762 Sqft

Lot Dimensions Assessor

Property Description

ATTENTION INVESTORS !!!!!!Discover a prime investment opportunity in the vibrant city of Lynwood. This fully remodeled property features two fully leased and furnished units, offering immediate cash flow and long-term potential. Unit 1:Size: 3 Bedrooms, 2 Bathrooms Current Lease: $3,748/month. Unit 2:Size: 2 Bedrooms, 1 Bathroom Current Lease: $2,424/month. Both units are currently leased, ensuring a steady rental income from day one. The property is ideally situated in a thriving area of Lynwood, close to essential amenities, schools, and transportation links, making it a highly desirable location for renters. Whether you're an experienced investor or looking to start building your real estate portfolio, this property offers a solid foundation with its reliable rental income and well-maintained condition. Don't miss this chance to secure a valuable asset in a growing community! PLEASE DO NOT DISTURB TENANTS!!!!!!!!!

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR1YY

Rooms

Ensuite Laundry Inside

Interior

Interior Features Separate/Formal Dining Room

Laundry Location Inside

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Furnishings Furnished Or Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Laundry Inside

Exterior

Garage Driveway

Fence Privacy

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Shingle

Accessibility None

Porch None

Parking Type Driveway

Total Parking Spaces 2

Private Pool No

Building

Faces West

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Other

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Schools

School District Lynwood Unified

Others

Senior Community No

Tax ID 6192011005

Security Features Gated Community

Special Listing Condition Standard

Listed by Destiny Guerra • Realty Group Advisors

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

10942 Standard AVE Lynwood, CA 90262

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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10942 Standard AVE