Technical
Financial
Distress signals
Property profile

12008 Long Beach Blvd Lynwood, CA 90262

FOR SALE
Other investment properties
Property ID
US09-7374521
3,016 SF 0.16 ac lot Built 1942
Entity Owned 6-yr Hold
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12008 Long Beach Blvd, Lynwood, CA 90262 For Sale
$949,000 3,016 SF
12008 Long Beach Blvd, Lynwood, CA 90262
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Property summary

AI-generated overview

In Lynwood, California, the property is located on Long Beach Boulevard and consists of three multi-family buildings on a single lot, totaling approximately 0.16 acres with about 3,016 square feet of building area. The front building contains three units sharing a combined electric meter (utilities paid by the landlord). The center building includes a two-bedroom, one-bath unit with separate gas and electric meters, with gas and electric costs paid by the tenant as indicated for that unit. The rear building contains five units sharing a combined electric meter paid by the landlord. The property is served by one water meter (landlord paid) and two gas meters, with gas expense coverage by the landlord except for the two-bedroom unit. Three units include window air-conditioning units, which are tenant-paid per the described utility arrangement. The property has a zoning designation of LYC2A*.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1942
Construction WOOD
Total area 3,016 SF
Lot 0.16 ac (7,094 SF)
Zoning code LYC2A*
APN 6175-017-031
UPID US09-7374521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12008 Long Beach Blvd Lynwood, CA 90262
Lynwood metro Census 541700 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2020
4 recorded transactions
2023
Price N/A
2020
Price N/A
1997
$180,000
1969
Price N/A

Zoning & alternative use

LYC2A* · Lynwood, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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