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Image 1 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 2 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 3 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 4 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 5 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 6 - 10206 State St, Lynwood, California, 90262 - House for sale

Image 7 - 10206 State St, Lynwood, California, 90262 - House for sale

Home For Sale In Lynwood, California

10206 State St, Lynwood, California, 90262

Home For Sale In Lynwood, California

house for sale

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Listed: 03/23/24

10206 State St, Lynwood, California, 90262

9 Bed:

5 Bath:

3,706 Sq Ft Living Area:

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Price

$ 1,35M

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About This House

Proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on5, 261square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.

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Lynwood Housing & Living

Household Income

Median household income: $45,839

Number of households: 15,333

The average household income in Lynwood, CA grew from $43,848 to $45,839 in the past year. This data is an estimate based upon 15,333 households in Lynwood, CA.
The chart below presents how household income is distributed in Lynwood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lynwood, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lynwood, CA equals $3k+ , which is more than the national average.