11230 Louise Ave Lynwood, CA 90262
Six-unit multifamily property in Lynwood with value-add potential.
Lot size:
0.27 AcresProperty Features for 11230 Louise Ave
General Information
- Lot size
- 0.27 Acres
Building Details
- Year built
- 1944
Source:
Elliman
Listing Agent: Jimmy Thach
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lynwood Multifamily Investment Opportunity
This six-unit multifamily property presents a value-add investment opportunity. The unit mix includes five 2-bedroom, 1-bath units and one 4-bedroom, 1-bath unit. Two units have been fully remodeled with modern interiors. All tenants are on month-to-month leases, providing flexibility to adjust rents and reposition the asset. Located in a high-demand rental market, the property benefits from consistent occupancy and limited inventory. The current CAP rate is 7.3%. Five of the six tenants are long-term residents. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Longitude
- -118.1809371
- Latitude
- 33.9232037
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in Lynwood with value-add potential.
Where is this apartment building located?
The property is located at 11230 Louise Ave Lynwood, CA.
What is the asking price?
The asking price for this property is $1,716,000.
What are key features of this property?
This property features: - High 7.3% CAP rate offers immediate investment return.; - Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath unit.; - All tenants on month-to-month leases provide flexibility to increase rents.