Lynwood, CA 90262,3161 Euclid Avenue
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Lynwood, CA 90262,3161 Euclid Avenue
Lynwood, CA 90262,3161 Euclid Avenue
Lynwood, CA 90262,3161 Euclid Avenue
Lynwood, CA 90262,3161 Euclid Avenue
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$ 2,100,000
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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


Bridge MLS
Listed by Francisco Williams • Keller Williams Beverly Hills
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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3161 Euclid Avenue