Lynwood, CA 90262,10500 Long Beach Boulevard
$2,000,000
$1,950,000
2.6%
Est.Price: ?

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4,900 SqFt

10500 Long Beach Boulevard Lynwood, CA 90262

Est. payment /mo
SOLD DATE : 05/30/2025

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Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $408

MLS Listing ID CRPW25071131

Sold Date 05/30/25

HOA Y/N No

Year Built 1963

Lot Size 7,670 Sqft

Acres 0.18

Property Sub-Type Other

Property Description

Take advantage of attractive seller financing—30-year fixed, fully amortized—on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don’t miss this rare opportunity to secure long-term, stable financing and immediate cash flow—schedule a tour today.

Location

State CA

County Los Angeles

Zoning LYC3

Interior

Heating Electric

Cooling Other

Fireplace No

Laundry Other

Building

New Construction No

Others

Tax ID 6208016025

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Bridge MLS
Listed by Alex Colombo • Keller Williams Coastal Prop.
Bought with EnriqueNava

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Ian Stapp

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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