3161 Euclid Avenue, Lynwood, CA 90262
  • MLS#: 25620523 ( )
  • Street Address: 3161 Euclid Avenue
  • Viewed: 2
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: LOS ANGELES
  • City: Lynwood
  • Zipcode: 90262
  • Provided by: Keller Williams Beverly Hills
  • Contact: Francisco Francisco
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This exceptional 7 unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets. Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.Lynwood's dynamic rental market demonstrates remarkable strength, with robust year over year rent growth significantly outpacing broader Los Angeles County trends. The city's demographic composition, predominantly family oriented households with an average size exceeding four people, creates consistent demand for quality multifamily housing. This stable tenant base, combined with the area's position as an essential workforce housing market, ensures reliable occupancy and rental income. The property's location offers residents proximity to established healthcare facilities, manufacturing employment centers, and retail corridors, while maintaining the neighborhood character that attracts long term tenants. Recent infrastructure investments and transit improvements have enhanced Lynwood's appeal to both residents and investors, positioning the area for continued growth as Los Angeles County addresses its critical housing shortage.
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Features
Architectural Style
  1. Traditional
Building Area Total
  1. 6904.00
Cooling
  1. None
Country
  1. US
Direction Faces
  1. South
Heating
  1. Wall Furnace
Levels
  1. One
Netoperatingincome
  1. 151010.00
Parcel Number
  1. 6176002015
Parking Features
  1. Parking Space
Postalcodeplus4
  1. 4966
Property Condition
  1. Repairs Cosmetic
Security Features
  1. Gated Community
  2. Smoke Detector(s)
  3. Carbon Monoxide Detector(s)
Sewer
  1. Sewer Paid
Sourcesystemkey
  1. 25620523:CLAW
Totalexpenses
  1. 45250.00
View
  1. None
Year Built
  1. 1958
Year Built Source
  1. Assessor
Zoning
  1. LYR3YY