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$1,300,000

Beds
Unknown
sq ft
Unknown

12008 Long Beach Blvd, Lynwood, CA 90262

12008 Long Beach Blvd

Lynwood, CA 90262

  • 19 days on market
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.

Details

Property type

Mixed Use

Property condition

Fixer

Lot size

7,096 sq ft

Price per sq ft

Unknown

Year built

1942

HOA

No

Price History

01/04/2025
CRMLS

CRMLS #OC24247074

Listed
$1,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 01/22/2025 at 6:35 PM

Listing updated: 01/19/2025 at 3:45 AM

Listed by: Mike Trelles, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #OC24247074

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