Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
Lynwood, CA 90262,3189 Euclid Avenue
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Listed by Doug Rodermund • Morgan Skenderian
$ 7,500,000
Est. payment | /mo

31,901 SqFt


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$ 7,500,000
Est. payment | /mo
Save

31,901 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 31,901 sqft

Price per Sqft $235

MLS Listing ID CRPW25113868

HOA Y/N No

Year Built 1959

Lot Size 0.924 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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3189 Euclid Avenue