3130 Euclid AVE new

Lynwood,CA 90262

$ 10000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25144612

Year Built 1963

Lot Size 1.000 Acres

Property Description

Pleased to present the Euclid Manor apartments, a rare opportunity to purchase a 51-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath, 2-Bedroom/2-Bath and 3-Bedroom/2-Bath units. Unit amenities include large floorplans, garages, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property's ideal central location (30 minutes or less median travel time to work) and the city's renter profile being over 50% of the population, the Euclid Manor apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Laundry Community Facility

Exterior

Garage Spaces 51.0

Pool None

Building

Story Three or More Stories

Water District - Public

Others

Special Listing Condition Not Applicable

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