We are pleased to present 12240 Santa Fe Ave, a six unit apartment building to market in Lynwood, CA. Santa Fe Ave consists of six one bed/one bath units that are approximately 600 square feet each on a 7,316 square foot lot that includes a five car garage in the rear of the property. The property has undergone extensive exterior renovation including a newer roof on the main main structure and garage, new exterior paint, new vinyl double pane windows, new garage doors, and mini split conditioners for all the units. One of the units has been fully renovated as well with vinyl plank floors, new bathroom, and a new kitchen. The property is separately metered for electric and gas. With rents 40% below market, this property offers significant upside in rental income with most of the capital improvements already completed.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/04/2024 @ 15:35
MLS: PW24076143
LISTED BY: Jackson Jorgensen, Younglewin Advisors, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
