Four-Unit Multifamily
For Sale
$1,399,000
11251 State, Lynwood, CA 90262
Unit mix includes two- and three-bedroom layouts, with six private garages serving the property.
Property Size3,844 SF
Days on Market54
Property Features for 11251 State
General Information
Standard status
Active
Size
3,844 SF
Net Rentable
3,844 SF
Total Parking Spaces
6
Property subtype
Quadruplex
Units
Unit Mix
2 x 3BR, 2 x 2BR
Multifamily Units
4
Building Details
Building Size
3,844 SF
Year Built
1934
Listing Agency:
Century 21 Allstars
Listed By:
Victor Ambriz Jr · License #00952349
(562) 205-3504
Source:
Truthrealty
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 26 at 11:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
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Investment Insights
Based on property information with market context.
Built in 1934, this four-unit multifamily property includes approximately 3,844 rentable square feet arranged as two three-bedroom units and two two-bedroom units. Six private garages add dedicated parking and storage for the building’s residents.
The property is located at 11251 State St in Lynwood, California, within the 90262 ZIP code. Its four-unit configuration and varied bedroom mix provide a straightforward residential income asset with established physical improvements.
The property is located at 11251 State St in Lynwood, California, within the 90262 ZIP code. Its four-unit configuration and varied bedroom mix provide a straightforward residential income asset with established physical improvements.
Key Highlights
- Four‑unit multifamily property in Lynwood, California
- Two three‑bedroom units and two two‑bedroom units
- Approximately 3,844 rentable square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,130
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,600
$1.3M
Cap Rate 7%
$959,000
$959.0K
Cap Rate 9%
$745,889
$745.9K
Market Conditions
NOI Build-Up for 3,844 SF
Gross rent
$103.8K $27.00/SF
− Vacancy
−$7.9K −$2.05/SF
EGI
$95.9K $24.95/SF
− OpEx
−$28.8K −$7.48/SF
NOI
$67.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,600
Cap Rate 7%
$959,000
Cap Rate 9%
$745,889
Alternative Uses
Best Use
Multifamily LT 5
$959.0K
$839.1K – $1.12M
NOI $67,130 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$883.6K
$773.2K – $1.03M
NOI $61,853 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,064 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,603
Businesses Nearby
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Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix includes two- and three-bedroom layouts, with six private garages serving the property.
Where is this quadplex located?
The property is located at 11251 State Lynwood, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four‑unit multifamily property in Lynwood, California; Two three‑bedroom units and two two‑bedroom units; Approximately 3,844 rentable square feet
