3130 Euclid Avenue Active

Lynwood,CA 90262

$ 10000000

- Bed

- Bath

44618 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 44,618 sqft

Price per Sqft $224

MLS Listing ID CRPW25144612

HOA Y/N No

Year Built 1963

Lot Size 1.000 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Pleased to present the Euclid Manor apartments, a rare opportunity to purchase a 51-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath, 2-Bedroom/2-Bath and 3-Bedroom/2-Bath units. Unit amenities include large floorplans, garages, 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 Euclid Manor apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

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