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$ 1,000,000
Est. payment /mo
Active
11464 Copeland Street Lynwood, CA 90262
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25076542
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
BREAKING NEWS: NOW AVAILABLE UNBUNDLED FROM 11460!! 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, this is OVEF 9100 SQFT OF LAND in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms 1 bath and a fenced yard, ANOTHER detached SFR (legally converted garage) with its own fenced yard, and then a THIRD building which is a DUPLEX of two spacious 2-bedroom 1-bath units WITH FOUR 1-CAR GARAGES attached to the duplex facing the alley!! There is also a shed structure in tear-down condition. The units in the duplex have both been freshened with new paint, new flooring throughout, new raised panel doors, new kitchen counter/sink/faucet and one of them even got a brand new kitchen cabinet. The bathroom and the other two units 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
Zoning Assessor
Direction exit the 105 at Long Beach Blvd and turn R, R on Mulford, R on California (becomes Fernwood), L on Copeland - a very short, tree
Interior
Heating Radiant
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6173006007
Listed by Maggie Ureno Marthanne Etheridge, Broker