Keller Williams Realty - Jeff Menendez Homes
1/8
Listed By: Keller Williams SELA, victor@ambrizandassociates.net, Victor Ambriz Jr, 00952349
Listing Sold By: Big Blue House Real Estate
Local Realty Services Provided By: Keller Williams South East Los Angeles
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,295,000
10206 State Street, Lynwood, CA 90262
3,706 sq ft
.12 ac
$1,295,000

10206 State Street, Lynwood, CA 90262

Estimation provided by Keller Williams Realty Inc.
3,706 sq ft
.12 ac
Closed
Sold

Property Description

Price Reduced by $55,000. NOW SELLING at 6.6 cap rate.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 6.6 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 6.6 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.

Property Details

Compare This Home
Overview
Property Type
Mixed Use
Property Size
3,706 sq ft
Year Built
1953
Days on Site
372 Days
Parking
5 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $1,295,000
Principal + Interest
$0 (0%)
Property Tax
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Home Insurance
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HOA/Condo Fee
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Mortgage Insurance
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
05/30/2024
Price Decrease
$1,295,000
(-4.07%)
03/20/2024
Listed
$1,350,000
(+35.54%)
04/27/2020
Sold
$996,000
(+20.73%)
03/26/2018
Sold
$825,000
(+153.85%)
03/18/2002
Sold
$325,000
(+50.81%)
05/22/2001
Sold
$215,500
(-19.83%)
09/21/2000
Sold
$268,811
(+0.61%)
12/02/1996
Sold
$267,181
(+97.91%)
06/06/1996
Sold
$135,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$15,591
(+3.66%)
$1,046,971
Land 576,045 + Additions 470,926
2022
$15,040
(+3.8%)
$1,006,318
Land 553,677 + Additions 452,641
2021
$14,490
(+11.35%)
$1,006,318
Land 553,677 + Additions 452,641
2019
$13,013
(+91.97%)
$858,330
Land 514,998 + Additions 343,332
2017
$6,779
$413,674
Land 108,187 + Additions 305,487
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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