11371 Atlantic Ave, Lynwood, CA 90262-3058
- Office buildings
- 2,350 SF
- 0.06 lot acres
Current Use by Public Records
- Office buildings
Property Details for 11371 Atlantic Ave
- Year built
- 1947
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.06 lot acres
- Zone code
- LYC3*
- Property type
- Office buildings
- APN
- 6193-021-012
- APU
- 6193021012
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 1, 2018 | — | Seleh Enterprises LLC | Seleh Enterprises LLC | Intrafamily Transfer · related | $192k · Cathay Bank |
| Aug 22, 2011 | $225,000 | Seleh Ents LLC | Barnes,virginia | Grant Deed | $85k · Charles Seals |
| Jul 7, 2006 | — | Virginia Barnes | Barnes,virginia | Quit Claim Deed · related | — |
| May 13, 1999 | $65,000 | Virginia Barnes | Ramirez,jesus | Grant Deed | $65k · Community Commerce Bank |
| Oct 16, 1996 | $69,639 | Jesus Ramirez | Fletcher,leaonna C | Trustees Deed | — |
| Dec 20, 1989 | $45,000 | Clarece Fletcher | Sherman Carl W | Grant Deed | — |
| — | — | Leaonna C Fletcher | — | Deed Of Trust · related | $60k · Jesus Ramirez M D |
Description
This 2,350 square foot industrial property is situated on a 0.06-acre lot at 11371 Atlantic Avenue in Lynwood, California. The single-story building is currently configured as retail space and is located on the busy Atlantic Boulevard, offering excellent visibility and accessibility. The property is in excellent condition and presents a fantastic opportunity for an owner-user or investor seeking a rental property. Its strategic location on a high-traffic thoroughfare makes it ideal for a variety of businesses. The asking price is $545,000. This property is being offered as part of a 1031 exchange, meaning the seller is seeking a tax-deferred exchange. A previous buyer's transaction did not close, making this property available again. The seller is highly motivated and will consider all offers. This is a rare opportunity to acquire a well-maintained, strategically located industrial space in a thriving area. The property's size and condition make it suitable for a range of commercial uses. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $746,000
Market price range: $563k - $1.74M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Longitude
- -118.188
- Latitude
- 33.9217
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA