11460 Copeland Street, Lynwood, CA 90262

$899,000
List Price
$899,000
Price Change
▼ $99,000 1713547217
MLS#
OC22198381
Status
CONTINGENT
Type
Multifamily

Property Description

In a pride of ownership neighborhood with easy freeway access is this amazing opportunity that hasnt been available for decades, featuring a single-family residence in the front of the large lot, and a fourplex behind! Front house is 2/1 detached home with a fenced yard. Fourplex is all 1/1's with two upstairs and two down. Attached to the 4-plex are 4 garages facing the alley none of which are included in current month-to-month tenant agreements. Over 9000 SQFT OF LAND with a large lawn between the front house and back building makes for a peaceful lifestyle. Needs-work condition is an opportunity for upside. High demand rental area. Check with City of Lynwood to confirm that with approved permits for "substantial renovation", they will allow 60 days' notice and ONLY ONE month's rent for relocation assistance! Seller prefers to sell this parcel with the one next door but will hear offers on each separately as well.

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Courtesy of RE/MAX Select One, Maggie Ureno.