Est. cap rate

3.3%

Assumed rent, all units

$7,600/mo

Units

4

Price per unit

$349,750

Est. annual NOI

$45,600

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

3,844 sqft

Lot size

6,160 sqft

Year built

1934

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

25

MLS #

246779080

About this property

11251 State St is a well-positioned 4-unit multifamily investment located in the strong, supply-constrained rental market of Lynwood, California. Featuring an attractive mix of two 3-bedroom units and two 2-bedroom units, the property caters directly to Lynwood’s family-oriented renter base—supporting consistent occupancy, stable cash flow, and long-term tenant retention. The building offers approximately 3,844 rentable square feet and includes a highly desirable amenity package with six private garages, creating immediate functional value for residents and offering investors the potential for future income enhancement through garage rental or possible ADU conversion (buyer to verify).

Location

11251 State

Lynwood, Los Angeles, CA, 90262