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$1,150,000
60 Days On Site

3566 Mulford Avenue
Lynwood, CA 90262

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
2,443
SqFt
$471
/SqFt
1948
Built
County:
Los Angeles
Listed by Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

3566 Mulford Avenue3566 Mulford Avenue3566 Mulford Avenue3566 Mulford Avenue
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Property will be open Saturday: November 23rd from 2pm - 4pm. Highest cash flow 4 Plex in the city on a oversized lot! 3566 Mulford Ave is a renovated 4plex located in Lynwood currently operating at a 5.63% Cap Rate and 12.46 GRM. Ideal opportunity for any value-add investor or owner user looking to live in one unit while your tenants pay your mortgage. This 2,161 square foot building is situated on a 8,939 square foot lot, zoned LYR3. Tremendous opportunity for a buyer to build either 2 or 4 ADUS on-site using new Senate Bill SB1211. With just two ADUs, a buyer can reach a 11.32% CAP Rate or a 16.48% cap rate with building 4. There are four single car garages in the rear that can be converted to an ADU and have an ADU built on top while maintaining parking, or you can remove parking all together and add an additional 4 units to the rear. The property features new double pain windows, individual garages, large common area behind the garages and individual water heaters. This is one of the best cash flowing assets in Lynwood. Ownership has completed interior renovations, exterior stucco and paint, added duel-paned vinyl windows, replaced the roof and garage doors. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! The subject property is located on a residential street with pride of ownership homes. It is in close proximity to Lynwood Park/Sports Complex/Recreation Area, City Hall, Henning Youth Center, St. Francis Medical Center and Plaza Mexico. OM in the supplements.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
60 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,443 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2052 Acres
Year Built 
1948
MLS® Number 
SB24220035
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.2052
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2443
Water Source 
Public
Zoning 
LYR3YY
Interior Features
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
CashConventional1031 ExchangeFHAVA Loan
MLS Area 
RM - Lynwood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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