4-Unit Quadplex with
3592 Norton Ave, Lynwood, CA 90262
For Sale
New
$850,000
A mix of one- and two-bedroom units is paired with individual garages, in-unit laundry hookups, and separate water heaters.
Property Size2,481 SF
Lot Size0.20 Acres
Days on Market7
Property Features for 3592 Norton Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
laundry hookups
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
First Team Real Estate
Listed By:
Desi Reyes · License #00903732
(714) 264-8473
Source:
Elliman
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 6:36AM
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 First Team Real Estate
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Investment Insights
Based on property information with market context.
This four-unit residential property in Lynwood has three one-bedroom, one-bath units and one two-bedroom, one-bath unit. Each residence has a separate water heater and laundry hookups, and the property includes four individual one-car garages. Two bathrooms were remodeled last year. The building dates to 1948 and occupies an approximately 8,803-square-foot lot.
The owner pays for water and trash; residents pay their own gas and electricity. The property is not subject to municipal rent control in Lynwood and falls under AB-1482.
The owner pays for water and trash; residents pay their own gas and electricity. The property is not subject to municipal rent control in Lynwood and falls under AB-1482.
Key Highlights
- Three one‑bedroom, one‑bath units and one two‑bedroom, one‑bath unit
- Four individual one‑car garages
- Separate water heaters and laundry hookups for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,327
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,540
$866.5K
Cap Rate 7%
$618,957
$619.0K
Cap Rate 9%
$481,411
$481.4K
Market Conditions
NOI Build-Up for 2,481 SF
Gross rent
$67.0K $27.00/SF
− Vacancy
−$5.1K −$2.05/SF
EGI
$61.9K $24.95/SF
− OpEx
−$18.6K −$7.48/SF
NOI
$43.3K $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%
$866,540
Cap Rate 7%
$618,957
Cap Rate 9%
$481,411
Alternative Uses
Best Use
Multifamily LT 5
$619.0K
$541.6K – $722.1K
NOI $43,327 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$570.3K
$499.0K – $665.4K
NOI $39,921 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,982 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,842
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
$569,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - A mix of one- and two-bedroom units is paired with individual garages, in-unit laundry hookups, and separate water heaters.
Where is this quadplex located?
The property is located at 3592 Norton Ave Lynwood, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath units and one two‑bedroom, one‑bath unit; Four individual one‑car garages; Separate water heaters and laundry hookups for each unit
