3673 E Imperial Highway,Lynwood, CA 90262
Lynwood, CA 90262
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.
Details
| MLS # | 26869027 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 21 |
| Listing Provided By | Remax Commercial and Investment Realty | Enrique Viramontes |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 11 |
| SQ Feet | 6,150 |
| Story(s) | 2 |
| Units | 11 |
| Building(s) | 4 |
| Zoning | LYR3YY |
| Acreage | 0.25 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
Parking
| Parking Features | Assigned, Garage |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lynwood |
| Zip Code | 90262 |
| Area | RM Lynwood |
| Listing VS Median (in 90262) | |
Price: $2,195,000 low | high Med: $1,222,500 sqft: 6,150 low | high Med: 4,412 $ / sqft: $357 low | high Med: $283 On site: 21 low | high Med: 126 | |
Market Activity 90262
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lynwood |
| Zip Code | 90262 |
| Area | RM Lynwood |
| Listing VS Median (in 90262) | |
Price: $2,195,000 low | high Med: $1,222,500 sqft: 6,150 low | high Med: 4,412 $ / sqft: $357 low | high Med: $283 On site: 21 low | high Med: 126 | |
