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$ 2,100,000
Est. payment /mo
Active
3161 Euclid Avenue Lynwood, CA 90262
6,904 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,904 sqft
Price per Sqft $304
MLS Listing ID CL25620523
HOA Y/N No
Year Built 1958
Lot Size 0.745 Acres
Acres 0.75
Property Sub-Type Other
Property Description
This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets. Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.Lynwood's dynamic rental market demonstrates remarkable strength, with robust year-over-year rent growth significantly outpacing broader Los Angeles County trends. The city's demographic composition, predominantly family-oriented households with an average size exceeding four people, creates consistent demand for quality multifamily housing. This stable tenant base, combined with the are
Location
State CA
County Los Angeles
Zoning LYR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Sewer Other
Water Other
New Construction No
Others
Tax ID 6176002015

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Listed by Francisco Williams • Keller Williams Beverly Hills






