Skip to Main Content
11230 Louise Avenue, Lynwood, CA 90262
Image Gallery
Property Photos
11230 Louise Avenue
  1. Image 0 of 25 For 11230 Louise Avenue
  2. Image 1 of 25 For 11230 Louise Avenue
  3. Image 2 of 25 For 11230 Louise Avenue
  4. Image 3 of 25 For 11230 Louise Avenue
  5. Image 4 of 25 For 11230 Louise Avenue
  6. Image 5 of 25 For 11230 Louise Avenue
  7. Image 6 of 25 For 11230 Louise Avenue
  8. Image 7 of 25 For 11230 Louise Avenue
  9. Image 8 of 25 For 11230 Louise Avenue
  10. Image 9 of 25 For 11230 Louise Avenue
  11. Image 10 of 25 For 11230 Louise Avenue
  12. Image 11 of 25 For 11230 Louise Avenue
  13. Image 12 of 25 For 11230 Louise Avenue
  14. Image 13 of 25 For 11230 Louise Avenue
  15. Image 14 of 25 For 11230 Louise Avenue
  16. Image 15 of 25 For 11230 Louise Avenue
  17. Image 16 of 25 For 11230 Louise Avenue
  18. Image 17 of 25 For 11230 Louise Avenue
  19. Image 18 of 25 For 11230 Louise Avenue
  20. Image 19 of 25 For 11230 Louise Avenue
  21. Image 20 of 25 For 11230 Louise Avenue
  22. Image 21 of 25 For 11230 Louise Avenue
  23. Image 22 of 25 For 11230 Louise Avenue
  24. Image 23 of 25 For 11230 Louise Avenue
  25. Image 24 of 25 For 11230 Louise Avenue
More Like This
  • MLS#: NP25065687 ( Quadruplex )
  • Street Address: 11230 Louise Avenue
  • Viewed: 4
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1944
  • Bldg sqft: 0
  • Days On Market: 33
  • Additional Information
  • County: LOS ANGELES
  • City: Lynwood
  • Zipcode: 90262
  • Provided by: eXp Realty of Southern Ca, Inc
  • Contact: Louis Louis
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Value add 6 unit building consisting of 5 2 bedroom, 1 bath and 1 4 bedroom, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month to month. It is in a great rental area of Lynwood. The month to month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. With a pro forma cap rate of 6.58%, this asset presents an excellent value add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Property Location and Similar Properties
All
Similar
Request More Information
  • All fields are required.
Print Flyer
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Association Fee
  1. 0.00
Building Area Total
  1. 4863.00
Carport Spaces
  1. 9.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 16
Electric
  1. 220 Volts in Laundry
Electric Expense
  1. 3113.00
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Combination
Insurance Expense
  1. 5179.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. In Closet
Laundry Income
  1. 624.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 125183.00
Newtaxesexpense
  1. 33108.00
Otherincome1
  1. 900.00
Parcel Number
  1. 6194026005
Pest Control Expense
  1. 556.00
Pool Features
  1. None
Postalcodeplus4
  1. 3157
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 434960622:CRM
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalactualrent
  1. 164100.00
Totalexpenses
  1. 35441.00
Trash Expense
  1. 380.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Vacancyallowance
  1. 5000
Water Sewer Expense
  1. 352.00
Water Source
  1. Public
Year Built
  1. 1944
Year Built Source
  1. Assessor
Zoning
  1. LYR3YY