12008 Long Beach Boulevard Active

Lynwood,CA 90262

$ 1299000

- Bed

- Bath

3016 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,016 sqft

Price per Sqft $430

MLS Listing ID CROC24247074

Year Built 1942

Lot Size 7,096 Sqft

Property Sub-Type Other

Property Description

It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide r

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace,None

Cooling Wall/Window Unit(s),None

Flooring Vinyl

Laundry No Hookups

Exterior

View None

Building

Water Public

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