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Listed by Maggie Ureno • Marthanne Etheridge, Broker
$900,000
Est. payment /mo
2,852 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,852 sqft
Price per Sqft $315
MLS Listing ID CROC25072693
HOA Y/N No
Year Built 1953
Lot Size 9,094 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464 Copeland! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
Location
State CA
County Los Angeles
Interior
Heating Radiant, Wall Furnace
Cooling None
Fireplace No
Laundry No Hookups
Exterior
View None
Building
Lot Description Level, Other, Back Yard, Front Yard, Paved
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613