12008 Long Beach Boulevard, Lynwood, CA 90262
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- MLS#: OC24247074 ( Commercial/Residential )
- Street Address: 12008 Long Beach Boulevard
- Viewed: 1
- Price: $1,300,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1942
- Bldg sqft: 0
- Days On Market: 5
- Additional Information
- County: LOS ANGELES
- City: Lynwood
- Zipcode: 90262
- Provided by: Real Broker
- Contact: Mike Mike
- DMCA Notice
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DescriptionIt is the best deal around! Cash Cow Multi Family on Long Beach Blvd is an excellent location for an owner occupied and the tenants. The landlord is selling to purchase a single family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two bedroom and one bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. Upon receiving an offer, the landlord does his own management and can provide rent rolls and expenses, then copies of other costs that may change upon the sale not listed on this listing.
Property Location and Similar Properties
Features
Accessibility Features
- None
Appliances
- None
- Free-Standing Range
Assessments
- Buyer to Verify
Association Amenities
- Trash
Association Fee
- 0.00
Building Area Total
- 3016.00
Cable Tv Expense
- 0.00
Carport Spaces
- 0.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Construction Materials
- Stucco
Cooling
- None
- Wall/Window Unit(s)
Country
- US
Current Financing
- Conventional
- Private
Door Features
- Panel Doors
Electric
- Standard
Electric Expense
- 4788.00
Fencing
- Chain Link
Fireplace Features
- None
Flooring
- Vinyl
Foundation Details
- Combination
Fuel Expense
- 1000.00
Furniture Replacement Expense
- 0.00
Garage Rental Rate
- 0.00
Garage Spaces
- 0.00
Gardner Expense
- 0.00
Heating
- None
- Wall Furnace
Insurance Expense
- 3500.00
Laundry Features
- None
Laundry Income
- 0.00
Levels
- One
Lockboxtype
- None
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 117864.00
Other Structures
- Storage
Parcel Number
- 6175017031
Parking Features
- Driveway
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Property Condition
- Fixer
Road Frontage Type
- City Street
Road Surface Type
- Paved
Roof
- Composition
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428480679:CRM
Spa Features
- None
Tenant Pays
- Electricity
- Gas
- Telephone
Totalactualrent
- 9600.00
Totalexpenses
- 15876.00
Trash Expense
- 2388.00
Uncovered Spaces
- 9.00
Utilities
- Electricity Connected
- Natural Gas Available
- Sewer Connected
View
- None
Water Sewer Expense
- 4200.00
Water Source
- Public
Window Features
- Screens
Workmanscompensationexpense
- 0.00
Year Built
- 1942
Year Built Source
- Assessor
Zoning
- LYC2A*