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3320 Tenaya Avenue, Lynwood, California

$1,250,000Active

3320 Tenaya Avenue, Lynwood, California 90262
- MLS® ID: CV17232473

Property Details

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.

Amenities

  • Zip90262
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLYR3YY
  • Year built1923
  • Parking4.00
  • MLS® IDCV17232473

Listing Courtesy of MARK SANFILIPPO~MARCUS & MILLICHAP

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