Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

8,256 sqft

Lot size

10,417 sqft

Year built

1968

Stories

2

Garage spaces

8

Heating

Electric

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

248830589

About this property

On behalf of the ownership, we are pleased to exclusively offer this 8-unit, 8,256 square foot multifamily property located at 3745 East Imperial Highway, Lynwood, CA 90262. This offering represents a compelling opportunity to acquire a professionally managed apartment community with strong organic rent growth potential. Constructed in 1968, the property sits on a large 10,417 square foot lot with a unit mix consisting of one 1bedroom 1 bath unit and seven 2bedroom 1 bath units. Three units have private patio spaces attached, while all units are equipped with air conditioners. As an added convenience to the residents, there is also a common area laundry room towards the rear of the property, four 2-car garages and four 1-car garages. 3745 East Imperial Highway is located in a highly accessible area of the city. Residents benefit from convenient proximity to the 105 & 710 freeways, and a wide array of neighborhood services, shopping & restaurants options that define the area's live-work-play appeal. This offering presents a rare opportunity to acquire a well-located apartment community in a supply-constrained residential market. This asset offers durable in-place income with a clear avenue for operational upside. We look forward to discussing this offering in greater details with qualified purchasers and their agents.

Location

3745 E Imperial Highway

Lynwood, Los Angeles, CA, 90262