Multifamily
3182 Euclid Ave
3182 Euclid Ave, Lynwood, CA 90262
Listing Price: $4,620,000
Investment Overview
The Bogie Group of Marcus & Millichap is pleased to present to market 3182 Euclid Ave, a twenty-two unit apartment building in Lynwood, California. This building was constructed in 1959 with a mix of Seventeen One-Bedroom/One-Bath Units and Five Two-Bedroom/One-Bath Units. Amenities include on-site laundry, 23 on-site parking spots, and a centralized courtyard for additional amenities to be added.
3182 Euclid Ave is on a large 0.81 acre lot, just two blocks away from Helen Keller Elementary School and a Walmart Supercenter.
Starting at a 6.50% Cap on current rents this property offers an opportunity for an investor to cash flow day 1, while capturing upside in rents and implementing a RUBS program to capitalize on the upside in potential income.
3182 Euclid Ave
Investment Highlights
- 22 Unit Apartment Building with a mix of One-Bedroom/One-Bath Units and Two-Bedroom/One-Bath Units.
- Offered at an outstanding 6.5 Cap Rate on Current Rents.
- This Property is on a 0.81 acre lot and features On-Site Laundry, 23 Parking Spaces, and a Courtyard in the middle of the property.
- Great Opportunity to cash flow day 1, capture upside in rents and institute RUBS program to maximize cash flow.
Exclusively Listed By
Financing By
Listing Price: $4,620,000
Investment Highlights
- 22 Unit Apartment Building with a mix of One-Bedroom/One-Bath Units and Two-Bedroom/One-Bath Units.
- Offered at an outstanding 6.5 Cap Rate on Current Rents.
- This Property is on a 0.81 acre lot and features On-Site Laundry, 23 Parking Spaces, and a Courtyard in the middle of the property.
- Great Opportunity to cash flow day 1, capture upside in rents and institute RUBS program to maximize cash flow.
Investment Overview
The Bogie Group of Marcus & Millichap is pleased to present to market 3182 Euclid Ave, a twenty-two unit apartment building in Lynwood, California. This building was constructed in 1959 with a mix of Seventeen One-Bedroom/One-Bath Units and Five Two-Bedroom/One-Bath Units. Amenities include on-site laundry, 23 on-site parking spots, and a centralized courtyard for additional amenities to be added. 3182 Euclid Ave is on a large 0.81 acre lot, just two blocks away from Helen Keller Elementary School and a Walmart Supercenter. Starting at a 6.50% Cap on current rents this property offers an opportunity for an investor to cash flow day 1, while capturing upside in rents and implementing a RUBS program to capitalize on the upside in potential income.
Exclusively Listed By
Financing By
