12240 Santa Fe Avenue Lynwood, CA ^$ 1,250,000

12240 Santa Fe Avenue

^$ 1,250,000

Back to search

Recently Listed

12240 Santa Fe Avenue

Lynwood, CA, 90262

^$ 1,250,000

Bedrooms6 Baths6.0 Sq 3,600

Monthly Estimate*

^$ 8,732

Listed by Younglewin Advisors, Inc.

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 1

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 2

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 3

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 4

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 5

12240 Santa Fe Avenue, Lynwood, CA 90262 - Image 6

Multi-Family Home for sale in Lynwood, CA

for $1,250,000 with 6 bedrooms and 6 full baths. This 3,600 square foot home was built in 1949 on a lot size of 0.1681.

We are pleased to present 12240 Santa Fe Ave, a six unit apartment building to market in Lynwood, CA. Santa Fe Ave consists of six one bed/one bath units that are approximately 600 square feet each on a 7,316 square foot lot that includes a five car garage in the rear of the property. The property has undergone extensive exterior renovation including a newer roof on the main main structure and garage, new exterior paint, new vinyl double pane windows, new garage doors, and mini split conditioners for all the units. One of the units has been fully renovated as well with vinyl plank floors, new bathroom, and a new kitchen. The property is separately metered for electric and gas. With rents 40% below market, this property offers significant upside in rental income with most of the capital improvements already completed.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1681

Year Built

1949

Town/City

Lynwood

County/Region

Los Angeles

MLS | Web ID

PW24076143

Days on Market

Features

General

Sewer PublicSewer

Zoning LYR3YY

Garage Spaces 5.0

Pool Features None

Year Built 1949

Stories 2

Levels Two

Property SubType Apartment

Gross Income 86520.0

Community Features Urban

County Los Angeles

Net Operating Income 43357.0

Operating Expense 40567.0

Insurance Expense 0.0

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 El Segundo Blvd

City Lynwood

Entry Location Side

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area RM - Lynwood

Lot Size Square Feet 7321.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Santa Fe

Listing Terms Conventional

Property Attached Y/N Y

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 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 6

Property Sub Type Additional Apartment

Exterior

Lot Features Yard

Water Source Public

Total Parking 5.0

Lot Size Area 7321.0

Number of Buildings 1

Spa N

Building Area Total 3600.0

Lot Size Acres 0.1681

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 12240

* Excluded Features

List By

Younglewin Advisors, Inc.

Broker

(626) 399-2415

Phone

Affordability Calculator

$8,732

Per Month

Monthly Principal & Interest: $8,732
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 ^$1,819,833

Percent of Sale Price 46%

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
4/17/2024	$1,250,000		Listed Price

Map

More homes like this one

homes for you

See all

12240 Santa Fe Avenue, Lynwood, CA, 90262 is a Multi-Family Home for sale at $1,250,000 with 3,600 sqft and a lot size of 0.1681. 12240 Santa Fe Avenue has 6 bedrooms, 6.0 baths, and was built in 1949. 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 5/7/2024. 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?

12240 Santa Fe Avenue

Multi-Family Home for sale in Lynwood, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home