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    5221 Elmwood Avenue

    Lynwood, CA 90262
    • $2,299,950
    • STATUS: Active
    • ON SITE: 212 days
    • ID#: PW20188290
    UPDATED: 22 min ago
    $2,299,950
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,351
      SQFT
    • $430
      $/SQFT
    Neighborhood:
    RM - Lynwood
    Type:
    Multi-Family
    Built:
    1946
    County:
    Los Angeles
    Area:
    RM - Lynwood

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    Description

    This is a very unique 6 unit complex in Lynwood, all the unit are separate houses that's gated, in a large lot. All units have been remodeled in the last 2-4 years. 4 units have a private back yard, plus 3 units have a 2 car attach garage. And the other 3 units share a 5 car detach garage. (base on the new law of the parking, the 5 car garage maybe able to be converted with permits to 2 more units as studios) Each unit has it own laundry unit inside. The property is very close to shopping, public transportation, schools and the 710 fwy.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T09:25:30.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/109886005
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    5221 Elmwood Avenue Lynwood, CA 90262

    • Price: $2,299,950
    • Status: Active
    • Updated: 22 min ago
    • ID#: PW20188290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    5,351
    SQFT
    $430
    $/SQFT
    1946
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    This is a very unique 6 unit complex in Lynwood, all the unit are separate houses that's gated, in a large lot. All units have been remodeled in the last 2-4 years. 4 units have a private back yard, plus 3 units have a 2 car attach garage. And the other 3 units share a 5 car detach garage. (base on the new law of the parking, the 5 car garage maybe able to be converted with permits to 2 more units as studios) Each unit has it own laundry unit inside. The property is very close to shopping, public transportation, schools and the 710 fwy.
    Exterior Features

    Architectural Style See Remarks Construction Materials ConcreteDrywall WallsStucco Exterior Features Tv Antenna Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 11.00 Lot Features 6-10 Units/AcreBack YardLot 10000-19999 Sqft Lot Size Source Estimated Lot Size Units Square Feet Parking Features Driveway Parking Total 11.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Concrete Heating Wall Furnace Heating YN Yes Laundry Features Inside Levels One Room Type All Bedrooms DownLiving RoomSee Remarks

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features Sidewalks Country Us Current Financing Conventional Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Gardener Expense 1200.00 Gross Income 137400.00 Gross Scheduled Income 137400.00 Insurance Expense 4233.00 Land Lease YN No Laundry YN Yes Licenses Expense 0.00 Net Operating Income 117561.00 New Construction YN No New Taxes Expense 10489.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 6 Number Wall AC 6 Number With Disposal 6 Number With Range 6 Number With Refrigerator 6 Operating Expense 19839.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Condition Building PermitUpdated/Remodeled Property Sub Type Apartment Rent Control YN No Security Expense 0.00 Security Features Gated CommunitySmoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Supplies Expense 0.00 Tenant Pays All UtilitiesCable TvElectricityGasTelephone Total Actual Rent 11450.00 Total Expenses 19839.00 Trash Expense 3109.00 Utilities Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected Water Sewer Expense 808.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor Zoning Lyr3yy

    Listing provided courtesy of David Belasco of Re/Max Olympic


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T09:25:30.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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