REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Alex Colombo • Keller Williams Coastal Prop.
$ 1,950,000
Est. payment /mo
Pending
10500 Long Beach BLD Lynwood, CA 90262
7,670 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW25071131
Originating Board California Regional MLS
Year Built 1963
Lot Size 7,670 Sqft
Property Description
Take advantage of attractive seller financing-30-year fixed, fully amortized-on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don't miss this rare opportunity to secure long-term, stable financing and immediate cash flow-schedule a tour today.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Heating Electric
Cooling Central Forced Air - Electric
Laundry Laundry Area
Exterior
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Tax ID 6208016025
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.