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$ 1,750,000
Est. payment /mo
New
3320 Tenaya AVE Lynwood, CA 90262
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22343
HOA Y/N No
Year Built 1923
Lot Size 0.265 Acres
Property Description
Prime Investment Opportunity at 3320 Tenaya Avenue: Presenting a well-maintained 5-unit complex in a sought-after location, this property offers an exceptional opportunity for investors or owners looking to capitalize on steady rental income. Situated in the heart of a growing community, 3320 Tenaya Avenue boasts a collection of spacious and fully leased units, each thoughtfully designed to maximize comfort and functionality.Key Features: Five well-sized units with separate entrances, providing ultimate privacy for tenants. Each unit has it's own electric and gas meter. Convenient floor plans and all are single level units. Recent upgrades in many of the units, including modernized kitchens, fresh paint, and updated flooring. Prime location close to schools, shopping, dining, and major transportation routes. Ample parking for residents which is hard to find in this area. Low-maintenance landscaping and well-kept exterior. Potential for rent growth. Front building is 2 units with approximately 1,954 square feet. Each of those units are 3 bedrooms 1 bathroom. Rear building is 3 units that are 2 bedrooms 1 bathroom about 816 square feet each. There is a 2 car garage next to the front building, and a 2 car garage attacked to the rear building. There are 2 additional parking space behind the front units.Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers a blend of stability and growth potential. Don't miss out on the chance to secure this remarkable asset on Tenaya Avenue!
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range
Laundry See Remarks
Exterior
Parking Features Garage, One Space
Garage Spaces 4.0
Garage Description 4.0
Fence Fair Condition
Pool None
Community Features Street Lights
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers None
Story 1
Others
Senior Community No
Tax ID 6208014024
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Jeffrey Rimerman • Coldwell Banker Realty