12008 Long Beach BLVD, Lynwood, CA 90262
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The Barbeau Group At REAL

The Barbeau Group At REAL

+1(559) 272-8389
$ 935,000
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12008 Long Beach BLVD Lynwood, CA 90262

7,095 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26203401

HOA Y/N No

Year Built 1942

Lot Size 7,095 Sqft

Property Sub-Type Mixed Use

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. There is a laundry mat on the same block. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. The income listed in this MLS description is correct and updated.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Heating None, Wall Furnace

Cooling None, Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence Chain Link

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected

Roof Type Composition

Total Parking Spaces 9

Building

Lot Description 6-10 Units/Acre

Story 1

Water Public

Others

Tax ID 6175017031

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Fannie Mae, Freddie Mac, Submit

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mike Trelles Real Broker 714-955-8910, DRE #01176983

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The Barbeau Group At REAL

The Barbeau Group At REAL

REALTORS® DRE# 02022092

+1(559) 272-8389

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12008 Long Beach BLVD