3354 E Imperial

    Lenwood, CA 90262
    • $1,099,900
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: DW18267940
    UPDATED: 46 min ago
    $1,099,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,220
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    This Mixed-Use residential/ Retail property located near the intersection of Imperial Ave. and Long Beach Blvd near Plaza Mexico shopping center in the city of Lynwood is ready for market rents.. The property contains two buildings with garage parking for all residential units, and additional parking spots.1st bldg: Retail storefront and 3 bed 1 bath residential unit. The retail storefront is currently used as a barber shop w/ bath, and and office. 2nd bldg: 2 residential units upstairs, and 1 residential unit and garages downstairs. The 2 upstairs units are 2 bed/1 bath each. The downstairs unit is 1 bed/1 bath. All units are well maintained with updated flooring. No rent control area/ Month-to-Month. All units can be delivered vacant to allow for maximum market rents. Residential units are in good condition and have newer flooring, Central AC, and laundry hook-ups.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. 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. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/89210146

    3354 E Imperial Lenwood, CA 90262

    • Price: $1,099,900
    • Status: Active
    • Updated: 46 min ago
    • ID#: DW18267940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,220
    SQFT
    $261
    $/SQFT
    1964
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    This Mixed-Use residential/ Retail property located near the intersection of Imperial Ave. and Long Beach Blvd near Plaza Mexico shopping center in the city of Lynwood is ready for market rents.. The property contains two buildings with garage parking for all residential units, and additional parking spots.1st bldg: Retail storefront and 3 bed 1 bath residential unit. The retail storefront is currently used as a barber shop w/ bath, and and office. 2nd bldg: 2 residential units upstairs, and 1 residential unit and garages downstairs. The 2 upstairs units are 2 bed/1 bath each. The downstairs unit is 1 bed/1 bath. All units are well maintained with updated flooring. No rent control area/ Month-to-Month. All units can be delivered vacant to allow for maximum market rents. Residential units are in good condition and have newer flooring, Central AC, and laundry hook-ups.
    Exterior Features

    Carport Spaces 5.00 Construction Materials Stucco Fence YN Yes Fencing BlockGood Condition Lot Features 0-1 Unit/AcreLevel With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 Roof Shingle

    Interior Features

    Condo Area Units Square Feet Cooling CentralElectric Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Multi-FamilyRetail Building Area Units Square Feet Building Status Existing Business Type Barber/Beauty Cap Rate 5.80 Country Us Effective Gross 87437 Electric Standard Expense Year 2019 Gross Scheduled Income 89808.00 Land Lease YN No Land Use Multi-Family Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 64096.00 Number Of Units Leased 5 Occupancy Occupied Operating Expense 23377.00 Other Income1 0.00 Property Sub Type Mixed Use Real Estate Tax Expense 13200.00 Special Listing Conditions Standard Tax Annual Amount 13200.00 Tax Rate 1.20 Tax Year 2019 Trash Expense 2395.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 2335 Vacancy Allowance Rate 2.60 Water Sewer Expense 4538.00 Water Source Public Year Built Source Assessor Zoning Lyc2*

    Listing provided courtesy of Andrew Bedolla of Lotus Group Real Estate and Gilbert Cabrera Jr. of Lotus Group Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. 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. Licensed in the State of California, USA.
     
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