11460 Copeland Street Lynwood, CA ^$ 899,000

11460 Copeland Street

^$ 899,000

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11460 Copeland Street

Lynwood, CA, 90262

^$ 899,000

Bedrooms2 Baths1.0 Sq 2,852

Monthly Estimate*

^$ 6,280

Listed by RE/MAX Select One

11460 Copeland Street, Lynwood, CA 90262 - Image 1

11460 Copeland Street, Lynwood, CA 90262 - Image 2

11460 Copeland Street, Lynwood, CA 90262 - Image 3

11460 Copeland Street, Lynwood, CA 90262 - Image 4

11460 Copeland Street, Lynwood, CA 90262 - Image 5

11460 Copeland Street, Lynwood, CA 90262 - Image 6

11460 Copeland Street, Lynwood, CA 90262 - Image 7

11460 Copeland Street, Lynwood, CA 90262 - Image 8

11460 Copeland Street, Lynwood, CA 90262 - Image 9

11460 Copeland Street, Lynwood, CA 90262 - Image 10

11460 Copeland Street, Lynwood, CA 90262 - Image 11

11460 Copeland Street, Lynwood, CA 90262 - Image 12

11460 Copeland Street, Lynwood, CA 90262 - Image 13

11460 Copeland Street, Lynwood, CA 90262 - Image 14

11460 Copeland Street, Lynwood, CA 90262 - Image 15

11460 Copeland Street, Lynwood, CA 90262 - Image 16

11460 Copeland Street, Lynwood, CA 90262 - Image 17

11460 Copeland Street, Lynwood, CA 90262 - Image 18

Multi-Family Home for sale in Lynwood, CA

for $899,000 with 2 bedrooms and 1 full bath. This 2,852 square foot home was built in 1953 on a lot size of 0.2087.

In a pride of ownership neighborhood with easy freeway access is this amazing opportunity that hasn’t been available for decades, featuring a single-family residence in the front of the large lot, and a fourplex behind! Front house is 2/1 detached home with a fenced yard. Fourplex is all 1/1's with two upstairs and two down. Attached to the 4-plex are 4 garages facing the alley none of which are included in current month-to-month tenant agreements. Over 9000 SQFT OF LAND with a large lawn between the front house and back building makes for a peaceful lifestyle. Needs-work condition is an opportunity for upside. High demand rental area. Check with City of Lynwood to confirm that with approved permits for "substantial renovation", they will allow 60 days' notice and ONLY ONE month's rent for relocation assistance! Seller prefers to sell this parcel with the one next door but will hear offers on each separately as well.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2087

Year Built

1953

Town/City

Lynwood

County/Region

Los Angeles

MLS | Web ID

OC22198381

Days on Market

595

Features

General

Sewer PublicSewer

Zoning LYR3YY

Garage Spaces 5.0

Pool Features None

Year Built 1953

Gross Income 58680.0

Community Features Biking Suburban Sidewalks Park

County Los Angeles

Net Operating Income 40280.0

Operating Expense 18400.0

Insurance Expense 2655.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency seller 1031 exchange buyer as is

Garage Y/N Y

Special Listing Conditions Standard Trust

Status ActiveUnderContract

Directions exit 105 at Long Beach Blvd and go north immed R on Platt Platt becomes Fernwood L on Copeland

City Lynwood

View Y/N N

Senior Community Y/N N

Open Parking Spaces 2.0

Total Units 5

MLS Area RM - Lynwood

Lot Size Square Feet 9091.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Copeland

Listing Terms Cash CashtoNewLoan Item1031Exchange Submit

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 2767.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2000.0

Water Sewer Expense 2567.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 590

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 478

Taxes 3657.0

Exterior

Parking Features Driveway Garage

Lot Features BackYard FrontYard Lawn Landscaped Level NearPark RectangularLot StreetLevel Yard

Water Source Public

Total Parking 7.0

Lot Size Area 9091.0

Number of Buildings 2

Spa N

Building Area Total 2852.0

Lot Size Acres 0.2087

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 5

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Internal Only

Street Number 1 11460

* Excluded Features

List By

Re/Max Select One

Broker

(714) 962-4443

Phone

Affordability Calculator

$6,280

Per Month

Monthly Principal & Interest: $6,280
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lynwood, CA

Average List Price ^$1,819,833

Percent of Sale Price 102%

About Lynwood, CA

71,032 Population

1% Since 2002

^$45,933 Median Income

31.13 Median Age

51% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$899,000	-9.92%	Price Down
12/30/2023	$998,000	-0.10%	Price Down
10/13/2023	$999,000	-16.68%	Price Down
10/4/2023	$1,199,000	-4.00%	Price Down
5/27/2023	$1,249,000	-19.42%	Price Down
9/23/2022	$1,550,000		Listed Price

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11460 Copeland Street, Lynwood, CA, 90262 is a Multi-Family Home for sale at $899,000 with 2,852 sqft and a lot size of 0.2087. 11460 Copeland Street has 2 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 90262 which is in Lynwood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11460 Copeland Street

Multi-Family Home for sale in Lynwood, CA

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