3382 Norton Avenue,  Lynwood CA, 90262 (Residential Income)

4,922 sqft
Status: Active
MLS#: 316009659
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Last Updated: 12/10/2016 9:57 AM
Description for 3382 Norton Avenue Lynwood, CA 90262
Presenting a great investment opportunity in Lynwood. All five units of this property are leased by tenants, and all except one are long term occupants. Although subject to change in the future, Lynwood currently does not have rent control. In addition, all the leases are month-to-month giving the potential buyer a lot of flexibility. The property has good cash flow, is located near shopping/dining establishments, and has good upside potential making this a great opportunity for seasoned or beginner investors.
Price
$1,059,900
Los Angeles
4,922 (approx)
316009659
Active
Description
Presenting a great investment opportunity in Lynwood. All five units of this property are leased by tenants, and all except one are long term occupants. Although subject to change in the future, Lynwood currently does not have rent control. In addition, all the leases are month-to-month giving the potential buyer a lot of flexibility. The property has good cash flow, is located near shopping/dining establishments, and has good upside potential making this a great opportunity for seasoned or beginner investors.
Listing Information
Property Type: Cluster, 2 Story
0.2 Acres 883,100 sq.ft. 4,922 (approx)
$215.34 1958
$0 2
Neighborhood
Room Information
Interior Features
Carpet Wall to Wall, Hardwood Laminate
Exterior / Lot Features
LYR3YY
Financial Considerations
6191007005
Listing Price History

Lynwood Real Estate

Lynwood is located in California. Lynwood, California 90262 has a population of 69,871.

The median household income in Lynwood, California 90262 is $42,723. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Lynwood 90262 is 27.9 years.

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Courtesy: Vonivest Realty Vanik Alvandian
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Information is deemed reliable but is not guaranteed.

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