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Very unique, well-kept and maintained property in prime Southeast Los Angeles County. Introducing the California Apartments, a 12-unit asset offering an attractive mix of huge two bedroom and one bedroom units. The property sits on a large 15,893 SF double lot with plenty of garage parking via alley access. There's a surplus of open space to provide options of increasing rental income by adding additional units. Investors can immediately implement a proactive management approach to benefit from the upside potential in the current strong rental market in Lynwood/South Gate. The area's Walk Score of 87 gives tenants easy access to many shopping, entertainment and dining options. Plaza Mexico, La Alameda, Azalea, and El Paseo are some of the larger centers surrounding the property, but the pride of the area are the many pop up eateries, bars and cafes that are sprouting throughout the city. The property's close proximity to the 710, 105 and 110 freeways also gives tenants convenient access to various work and entertainment hubs throughout Los Angeles County.
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 9th December, 2023 10:23 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 9th December, 2023 10:23 AM (UTC)
Listing Agent: Enrique Viramontes
Listing Office: Remax Commercial And Investment Realty