11-Unit Apartment
For Sale
$2,195,000
3673 E Imperial Hwy, Lynwood, CA 90262
Four structures surround a landscaped courtyard and include onsite garage parking plus extensive recent improvements.
Property Size6,150 SF
Lot Size0.25 Acres
Price / SF$356.91
Days on Market18
Property Features for 3673 E Imperial Hwy
General Information
Standard status
Active
Size
6,150 SF
Lot size
0.25 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 2BR/1BA, 8 x 1BR/1BA, 1 x studio+1BA
Multifamily Units
11
Additional Details
Gross Income
$234,000
Amenities
courtyard
Building Details
Buildings
4
Listing Agency:
Remax Commercial and Investment Realty
(213) 233-4363
Listed By:
Enrique Viramontes · License #01372010
(213) 233-4363
Source:
Exprealty
Added: Aug 5
Changed: Aug 20
Last Checked: Aug 22 at 9:41AM
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 Remax Commercial and Investment Realty
Investment Insights
Based on property information with market context.
This apartment property comprises 11 units across four separate structures on two adjacent parcels. The unit mix includes two 2-bedroom/1-bath residences, eight 1-bedroom/1-bath residences, and one studio with 1 bath. The combined lot measures just under 11,000 square feet, with a landscaped courtyard connecting the buildings and onsite garage parking for residents. PropertySize is 6,150 square feet.
Recent capital work includes exterior painting, roof replacement, window upgrades, plumbing improvements, and updates within multiple units. The property is located at 3673 E Imperial Hwy in Lynwood, near Plaza Mexico and with access to I-105 and I-710. The surrounding communities include Compton, Downey, South Gate, and Huntington Park, while regional connections extend toward Downtown Los Angeles, Long Beach, and LAX.
Recent capital work includes exterior painting, roof replacement, window upgrades, plumbing improvements, and updates within multiple units. The property is located at 3673 E Imperial Hwy in Lynwood, near Plaza Mexico and with access to I-105 and I-710. The surrounding communities include Compton, Downey, South Gate, and Huntington Park, while regional connections extend toward Downtown Los Angeles, Long Beach, and LAX.
Key Highlights
- 11 total units: two 2‑bedroom/1‑bath, eight 1‑bedroom/1‑bath, and one studio + 1 bath
- Four separate structures on two adjacent parcels with a combined lot of just under 11,000 square feet
- Recent exterior paint, roof, window, plumbing, and interior unit 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
4.51%
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 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,488 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
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 structures surround a landscaped courtyard and include onsite garage parking plus extensive recent 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 $2,195,000.
What are key features of this property?
This property features: 11 total units: two 2‑bedroom/1‑bath, eight 1‑bedroom/1‑bath, and one studio + 1 bath; Four separate structures on two adjacent parcels with a combined lot of just under 11,000 square feet; Recent exterior paint, roof, window, plumbing, and interior unit improvements
