3673 E Imperial Hwy, Lynwood, CA 90262

$2,195,000
12
BD
11
BA
6,150
SqFt

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List Price
$2,195,000
MLS#
26869027
Status
ACTIVE
Type
Multifamily
Bedrooms
12
Bathrooms
11
Living Area
6,150

Property Description

Presenting this exceptional 11-unit multifamily investment, offered exclusively for the first time in years. 3673 & 3681 E imperial Hwy is comprised of two adjacent parcels spanning four separate, well-maintained structures on a combined lot of just under 11,000 square feet in the heart of Lynwood. Lush, professionally manicured landscaping ties the buildings together into a private, cozy courtyard setting that is rarely found in a property of this scale.The property offers a total of 11 units (10 of which appear on public record), with a desirable unit mix of two (2 bedroom / 1 bath) units, eight (1 bedroom / 1 bath) units, and one (studio + 1 bath) unit. Residents also benefit from onsite garage parking, a valuable amenity in this submarket.Current ownership has invested heavily in the asset, completing an extensive round of capital improvements that include new exterior paint, a new roof, updated windows, upgraded plumbing, and numerous interior unit improvements. As a result, this offering presents a rare turnkey opportunity for a new investor to begin profiting from the close of escrow, with minimal deferred maintenance to contend with.The property currently generates approximately $19,500 per month in gross income, with meaningful upside remaining to increase rents to market levels, offering a clear value-add opportunity for the next owner.Situated on E. Imperial Highway, the property benefits from a convenient infill Los Angeles County location with strong rental demand fundamentals. It sits just minutes from Plaza Mexico, one of the region's premier shopping and dining destinations, and offers easy access to the I-105 and I-710 freeways, connecting residents to Downtown Los Angeles, Long Beach, and LAX. The property is surrounded by the established, densely populated communities of Compton, Downey, South Gate, and Huntington Park, supporting consistent occupancy and long-term rental demand.With extensive upgrades already completed, stable in-place income, and meaningful rental upside, this offering is well suited for an investor seeking a stabilized, value-add multifamily asset in one of Los Angeles County's high-demand rental submarkets.

Additional Information

Year Built
1953
Garage
Assigned, Garage

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes.

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