12008 Long Beach Blvd Lynwood, CA 90262

This multi-family property on Long Beach Blvd presents an opportunity for owner-occupancy or investment. The property consists of three buildings. The front building, which faces Long Beach Blvd, contains three units with combined electric meters paid for by the landlord. The center building features a two-bedroom, one-bath unit with separate gas and electric meters paid by the tenant. The rear building has five units with a combined electric meter paid by the landlord. There is one water meter for the entire property, which is paid by the landlord. There are two gas meters; the landlord pays for gas except for unit #4 (the two-bedroom unit). Three units have window A/C and pay an additional $100, which is included in the rent. The property is conveniently located near restaurants, grocery stores, bus stops, laundry facilities, and employers. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649, broken down as follows: Water: $350, Gas: $100, Electricity: $399. There is no laundry on the premises, but a laundromat is located on the same block.