3189 Euclid Avenue, Lynwood, CA 90262
  • MLS#: PW25113868 ( Apartment )
  • Street Address: 3189 Euclid Avenue
  • Viewed: 1
  • Price: $7,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: Lynwood
  • Zipcode: 90262
  • Provided by: Morgan Skenderian
  • Contact: Doug Doug
  • California Regional MLS IDX
  • DMCA Notice
  • 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 propertys ideal central location (30 minutes or less median travel time to work) and the citys 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.
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Features
Assessments
  1. Special Assessments
Association Fee
  1. 0.00
Building Area Total
  1. 31901.00
Carport Spaces
  1. 45.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 16800.00
Fuel Expense
  1. 16800.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 3600.00
Insurance Expense
  1. 13538.00
Laundry Features
  1. Common Area
Laundry Income
  1. 7200.00
Levels
  1. Two
Lot Features
  1. Lot Over 40000 Sqft
Netoperatingincome
  1. 450071.00
Newtaxesexpense
  1. 108832.00
Number Of Separate Electric Meters
  1. 46
Number Of Separate Gas Meters
  1. 46
Otherexpense
  1. 1500.00
Otherexpensedescription
  1. misc
Parcel Number
  1. 6176002021
Pest Control Expense
  1. 1755.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 21201.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 439169766:CRM
Taxblock
  1. 13
Totalactualrent
  1. 60113.00
Totalexpenses
  1. 56628.00
Trash Expense
  1. 16800.00
Vacancyallowance
  1. 21856
Water Sewer Expense
  1. 16800.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 1400.00
Year Built
  1. 1959
Year Built Source
  1. Assessor
Zoning
  1. LYR3YY