17
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$1,299,888
Est. payment /mo
7,096 Sqft Lot
Active
12008 Long Beach BLD Lynwood, CA 90262
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24247074
Originating Board California Regional MLS
Year Built 1942
Lot Size 7,096 Sqft
Property Description
It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide
Location
State CA
County Los Angeles
Area Rm - Lynwood
Rooms
Kitchen None, Oven Range
Interior
Heating No Heating, Wall Furnace
Cooling None, Window / Wall Unit
Laundry None
Exterior
Parking Features Other
Garage Spaces 9.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Combination
Water District - Public
Others
Tax ID 6175017031
Special Listing Condition Not Applicable
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Listed by Mike Trelles • Real Broker