Lynwood, CA 90262,3189 Euclid Avenue
Listed by Doug Rodermund • Morgan Skenderian
Bought with Doug Rodermund • Morgan Skenderian
$7,150,000
Est. payment /mo
$7,500,000
4.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

31,901 SqFt
SOLD DATE : 08/19/2025

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

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Fireplace No

Laundry Other

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

Name

Phone*

Message