11460 Copeland Street, Lynwood, CA 90262 - MLS#OC25072693

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$900,000

Est. payment - /mo

5 Beds

4 Baths

9,094 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25072693

Bedrooms 5

HOA Y/N No

Lot Size 9,094 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.

Location

State CA

County Los Angeles

Area Lynwood (90262)

Zoning Public Rec

Interior

Appliance Radiant

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Exchange

Space Rent $1,788

Listing Terms Cash, Exchange

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Listed by Maggie Ureno • Marthanne Etheridge, Broker

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

11460 Copeland Street Lynwood, CA 90262

Arash Rokni

Key Details

Location

Interior

Building

Others

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