3320 Tenaya Avenue, Lynwood, California
3320 Tenaya Avenue, Lynwood, California 90262 - **Desirable Mix of Two Bedroom Units With Two Two-Car Garage Parking**Property is Located in Residential Neighborhood Community**20 Percent Upside on Rents with Long-Term Tenants**Individual Water Heaters and Separately Metered For Gas and Electricity**Walking Distance to All Local Businesses and Transportation**New Roof and Two KitchensBuilt in 1923 and 1958, this single story property is comprised of three buildings with five spacious units situated on a 11,534-square foot lot, with 4,402-rentable square feet. The large front building is a duplex of approximately 1,954 square feet with containing the 4 bedroom / 1 bathroom and 3 bedroom / 1 bathroom units. A two car garage is next to the front unit with its own separate driveway. The three other units are all 2 bedrooms and 1 bathroom units of approximately 816 square feet with an additional attached two car garage. There is two more parking spots available on the property allowing each unit a parking space. All units are metered for gas and electricity, are occupied and have established long term tenants. This investment offering is in a residential area of the city and has a good Walkscore with nearby access to local restaurants, markets, parks, schools, bus stop and entertainment as well as a very short drive of less than a mile to the 110 Freeway allowing access to the entire Los Angeles freeway system. The subject property is an excellent opportunity for your investor or owner occupied buyer.
Listing Courtesy of MARK SANFILIPPO~MARCUS & MILLICHAP