Lynwood, CA 90262,3189 Euclid Avenue
$7,150,000
$7,500,000
4.7%
Est.Price: ?

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31,901 SqFt

3189 Euclid Avenue Lynwood, CA 90262

Est. payment /mo
SOLD DATE : 08/19/2025

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Key Details

Sold Price $7,150,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 31,901 sqft

Price per Sqft $224

MLS Listing ID CRPW25113868

Sold Date 08/19/25

HOA Y/N No

Year Built 1959

Lot Size 0.924 Acres

Acres 0.92

Property Sub-Type Other

Property Description

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Zoning LYR3

Interior

Fireplace No

Laundry Other

Building

New Construction No

Others

Tax ID 6176002021

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Bridge MLS
Listed by Doug Rodermund • Morgan Skenderian
Bought with DougRodermund

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Ian Stapp

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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