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Multifamily

Rustic Villa

10736 Barlow Ave, Lynwood, CA 90262

Listing Price: $4,400,000

Cap Rate
3.32%
Number of Units
16
Occupancy
100.0%
Price/Unit
$275,000
Price/Gross SF
$325.93
Gross SF
13,500

Investment Overview

Marcus & Millichap is pleased to offer for sale the 16 unit apartment complex located at 10736-42 Barlow Avenue in the City of Lynwood. The complex is situated on 2 parcels with on site garage and carport parking. The units are separately metered for gas & electric and is a laundry room for the tenants convenience, The unit mix consists of 2 one bedroom one bath units, 12 two bedroom one bath units and 2 three bedroom one bath units. The current rents are over 50% below market offering an investor substantial upside as the tenancy turns over. The property boasts a Walking Score of 85 with it's close proximity to local amenities, parks, schools and public transportation. Lynwood is approximately 10 miles south east of downtown Los Angeles and enjoys easy access to both the 710 and 105 freeways.

Investment Highlights

  • Situated on Two Parcels With On-Site Garage and Carport Parking
  • Units are Separately Metered for Gas and Electric
  • Below Market Rent with Huge Upside

Exclusively Listed By

Financing By

Multifamily

Rustic Villa

Listing Price: $4,400,000

Cap Rate
3.32%
Number of Units
16
Occupancy
100.0%
Price/Unit
$275,000
Price/Gross SF
$325.93
Gross SF
13,500

Investment Highlights

  • Situated on Two Parcels With On-Site Garage and Carport Parking
  • Units are Separately Metered for Gas and Electric
  • Below Market Rent with Huge Upside

Investment Overview

Marcus & Millichap is pleased to offer for sale the 16 unit apartment complex located at 10736-42 Barlow Avenue in the City of Lynwood. The complex is situated on 2 parcels with on site garage and carport parking. The units are separately metered for gas & electric and is a laundry room for the tenants convenience, The unit mix consists of 2 one bedroom one bath units, 12 two bedroom one bath units and 2 three bedroom one bath units. The current rents are over 50% below market offering an investor substantial upside as the tenancy turns over. The property boasts a Walking Score of 85 with it's close proximity to local amenities, parks, schools and public transportation. Lynwood is approximately 10 miles south east of downtown Los Angeles and enjoys easy access to both the 710 and 105 freeways.

Exclusively Listed By

Financing By

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