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Listed by Alex Colombo • Keller Williams Coastal Prop.
$1,950,000
Est. payment /mo
4,900 SqFt
Active
10500 Long Beach Boulevard Lynwood, CA 90262
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $397
MLS Listing ID CRPW25071131
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 7,670 Sqft
Property Sub-Type Other
Property Description
Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don’t miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.
Location
State CA
County Los Angeles
Interior
Heating Electric
Cooling Other
Fireplace No
Laundry Other
Building
Water Public
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