10206 State Street Lynwood, CA ^$ 1,350,000

10206 State Street

^$ 1,350,000

Back to search

10206 State Street

Lynwood, CA, 90262

^$ 1,350,000

Bedrooms9 Baths5.0 Sq 3,706

Monthly Estimate*

^$ 9,430

Listed by Keller Williams SELA

10206 State Street, Lynwood, CA 90262 - Image 1

10206 State Street, Lynwood, CA 90262 - Image 2

10206 State Street, Lynwood, CA 90262 - Image 3

10206 State Street, Lynwood, CA 90262 - Image 4

10206 State Street, Lynwood, CA 90262 - Image 5

10206 State Street, Lynwood, CA 90262 - Image 6

10206 State Street, Lynwood, CA 90262 - Image 7

10206 State Street, Lynwood, CA 90262 - Image 8

Multi-Family Home for sale in Lynwood, CA

for $1,350,000 with 9 bedrooms and 5 full baths. This 3,706 square foot home was built in 1953 on a lot size of 0.1208.

proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1208

Year Built

1953

Town/City

Lynwood

County/Region

Los Angeles

MLS | Web ID

DW24056170

Days on Market

Features

General

Sewer PublicSewer

Cooling None

Zoning LYR3YY

Garage Spaces 5.0

Pool Features None

Year Built 1953

Tenant Pays ParkingFee

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 122245.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 83372.0

Operating Expense 38873.0

Insurance Expense 3705.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South Of Tweedy blvd and East of Long Beach Blvd

City Lynwood

Entry Location one

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area RM - Lynwood

Lot Size Square Feet 5263.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name State

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 1

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 96

Property Sub Type Additional MixedUse

Cap Rate 6.18

Exterior

Lot Features StreetLevel

Water Source Public

Total Parking 5.0

Lot Size Area 5263.0

Number of Buildings 1

Spa N

Building Area Total 3706.0

Lot Size Acres 0.1208

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

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

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features LaundryRoom

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 10206

* Excluded Features

List By

Keller Williams Sela

Broker

(562) 842-7248

Phone

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Lynwood, CA

Average List Price ^$1,853,454

Percent of Sale Price 37%

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
3/20/2024	$1,350,000		Listed Price

Map

More homes like this one

homes for you

See all

10206 State Street, Lynwood, CA, 90262 is a Multi-Family Home for sale at $1,350,000 with 3,706 sqft and a lot size of 0.1208. 10206 State Street has 9 bedrooms, 5.0 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 4/28/2024. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

10206 State Street

Multi-Family Home for sale in Lynwood, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home