3701 Fernwood Avenue Active

Lynwood,CA 90262

$ 1295000

- Bed

0 Bath

4043 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,043 sqft

Price per Sqft $320

MLS Listing ID SW-23087714

Year Built 1961

Lot Size 6,526 Sqft

Property Sub-Type Quadruplex

Property Description

$100K PRICE DROP for a quick close. CASHFLOW! CASHFLOW! CASHFLOW! This property checks all of the boxes for an investor or owner occupant. Current monthly income is $8,923. Over 4,094sq.ft. 4-unit complex. 3 bed / 2 bath, one 2 bed / 1.5 bath and two 2 bed / 1 bath. Front unit two-story unit has fireplace. Each unit has carport parking space with storage. Great location, few blocks away from Plaza Mexico. 2 tenants are on section 8. 5.3 CAP RATE! Hurry, this will not last. Agent is on Title.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3*

Interior

Laundry None

Exterior

Parking Features Gated

Pool None

Community Features Sidewalks,Storm Drains,Street Lights

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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