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Listed by Mike Trelles • Real Broker
$ 1,299,000
Est. payment /mo
Active
12008 Long Beach Boulevard Lynwood, CA 90262
3,016 SqFt
UPDATED:
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
HOA Y/N No
Originating Board Datashare California Regional
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
Fireplace No
Laundry No Hookups
Exterior
View None
Building
Water Public
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