12424 Atlantic
Lynwood, CA 90262
0
Bed
0
Bath
20,386Sqft
23,974Sqft(Lot)
We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building. The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, which permits annual increases of up to 8.7% (effective August 1, 2026). Centrally located in Lynwood just two blocks from
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Public Sewer
-
Building Information
Year Built: 1958 Building Area Total: 20,386 -
Pool Features
NoneLaundry Features
Common Area
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5504 -
Lot Size Source: Assessor Lot Size Square Feet: 23974
-
Listing Price Information
Original List Price: 5,000,000 Listing Contract Date: 2026-06-24 -
Lease Information
Listing Agreement: Exclusive Right To Sell
-
Tax Information
Parcel Number: 6186032020
-
Other Property Info
Source Listing Status: Active Source Neighborhood: RM - Lynwood Directions: On Atlantic off of Bullis Source Property Type: Residential Income Area: RM - Lynwood Property SubType: Apartment -
Building and Construction
Property Age: 68 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 2 Entry Location: Front Property Attached: Yes
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10953 Sampson Avenue, Lynwood, CA, 90262 | $699,900 | 3 | 2 | 1,184 | 1,184 SqFt |
| 4001 E Imperial, Lynwood, CA, 90262 | $649,999 | 3 | 1 | 1,229 | 1,229 SqFt |
| 4049 Martin Luther King.., Lynwood, CA, 90262 | $725,000 | 3 | 2 | 1,080 | 1,080 SqFt |
| 11266 Cornish, Lynwood, CA, 90262 | $522,500 | 4 | 2 | 1,736 | 1,736 SqFt |
| 3890 Shirley Avenue, Lynwood, CA, 90262 | $675,000 | 3 | 2 | 1,072 | 1,072 SqFt |
| 11171 Bullis, Lynwood, CA, 90262 | $1,399,000 | -- | -- | 2,598 | 2,598 SqFt |
| 4242 Lavinia Avenue, Lynwood, CA, 90262 | $775,000 | 4 | 2 | 1,800 | 1,800 SqFt |
| 3891 Lugo, Lynwood, CA, 90262 | $689,900 | 2 | 1 | 844 | 844 SqFt |
| 12671 Antigua Court, Lynwood, CA, 90262 | $650,000 | 4 | 3 | 1,737 | 1,737 SqFt |
| 12135 Cornish Avenue, Lynwood, CA, 90262 | $950,000 | 7 | 4 | 3,068 | 3,068 SqFt |
Similar Homes To 12424 Atlantic
Nearby For Sale
Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 06/28/2026 @ 16:52
More Cities with for Sale by Owner Homes
- Lynwood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Bell Homes For Sale By Owner
- Los Angeles Homes For Sale By Owner
- Bellflower Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Lakewood Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Hawaiian Gardens Homes For Sale By Owner
- Norwalk Homes For Sale By Owner
- Los Angeles Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- Santa Fe Springs Homes For Sale By Owner
- Pico Rivera Homes For Sale By Owner
Homes around $5,000,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.