11-Unit Apartment
For Sale
$2,000,000
3673 E Imperial Hwy, Lynwood, CA 90262
Residential Income, Lynwood, CA
Property Size6,150 SF
Lot Size0.11 Acres
Price / SF$325.20
Days on Market48
Property Features for 3673 E Imperial Hwy
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LYR3YY
Bedrooms
12
Bathrooms
11
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 9, Bathroom 4, Bedroom 12, Bedroom 7, Bathroom 11, Bathroom 7, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 10, Bathroom 1, Bathroom 6, Bedroom 8, Bedroom 10, Bedroom 4, Bedroom 11, Bedroom 2, Bathroom 8, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 5
Parking
10
Parking features
Assigned, Garage
Directions
Located on Imperial Hwy, east of Martin Luther King Jr Blvd
Subdivision
Lynwood
Standard status
Active
APN
6191-024-007
Size
6,150 SF
Lot size
0.11 Acres
Utilities
Cooling system
Wall Unit(s)
Amenities
courtyard
Building Details
Year built
1953
Floors in Building
2
Number of units
11
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Enrique Viramontes · License #01372010
(213) 233-4363
Added: Aug 5
Changed: Sep 14
Last Checked: Sep 21 at 6:06AM
MLS# 26869027
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11-unit apartment property comprises four separate structures across two adjacent parcels, with 6,150 square feet of building area. The unit mix includes two 2-bedroom, 1-bath residences, eight 1-bedroom, 1-bath residences, and one studio with 1 bath. Assigned garage parking serves the property, and cooling is provided by wall units.
Completed improvements include a new roof, exterior paint, updated windows, upgraded plumbing, and interior work within multiple units. Built in 1953, the property is located on E. Imperial Highway in Lynwood, with access to the I-105 and I-710 freeways. Plaza Mexico is nearby, while Downtown Los Angeles, Long Beach, and LAX are accessible from the surrounding Los Angeles County infill location.
Completed improvements include a new roof, exterior paint, updated windows, upgraded plumbing, and interior work within multiple units. Built in 1953, the property is located on E. Imperial Highway in Lynwood, with access to the I-105 and I-710 freeways. Plaza Mexico is nearby, while Downtown Los Angeles, Long Beach, and LAX are accessible from the surrounding Los Angeles County infill location.
Key Highlights
- 11‑unit property with two 2‑bedroom, 1‑bath units, eight 1‑bedroom, 1‑bath units, and one studio with 1 bath
- 6,150 square feet across four separate structures
- Recent roof, exterior paint, window, plumbing, and interior improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,958
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,979,160
$2.0M
Cap Rate 7%
$1,413,686
$1.4M
Cap Rate 9%
$1,099,533
$1.1M
Market Conditions
NOI Build-Up for 6,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$195.6K $31.80/SF
− Vacancy
−$15.6K −$2.54/SF
EGI
$179.9K $29.26/SF
− OpEx
−$81.0K −$13.17/SF
NOI
$99.0K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,979,160
Cap Rate 7%
$1,413,686
Cap Rate 9%
$1,099,533
Alternative Uses
Best Use
Apartment 5plus
$1.41M
$1.24M – $1.65M
NOI $98,958 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,488 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
11
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four separate structures provide a courtyard-oriented multifamily layout with assigned garage parking and recent capital improvements.
Where is this apartment building located?
The property is located at 3673 E Imperial Hwy Lynwood, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 11‑unit property with two 2‑bedroom, 1‑bath units, eight 1‑bedroom, 1‑bath units, and one studio with 1 bath; 6,150 square feet across four separate structures; Recent roof, exterior paint, window, plumbing, and interior improvements
