3218 Euclid, Lynwood, CA 90262

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
NP26069694
Year Built
1948
Lot Size
10,990
Acres
0.25
Lot Location
Lawn, Landscaped, Level, Near Public Transit, Street Level
Days on Market
117
Property Type
Multifamily
Style
Cottage
Property Sub Type
Triplex
Stories
One Level

Property Description

Imagine if you had the opportunity to purchase a great investment property that could be made even better. Well, imagine no longer and take a minute to check out this listing in Lynwood. This tri-plex offers two completely renovated units on annual leases with one unrenovated unit on a month-to-month lease. Do you want or need to live in one of the units? You have that option. Do you want to renovate the last unit and increase the rent to market? You could do that instead. But wait...there's more opportunity to improve this property. There are three garages on the property. Could they be converted into an ADU? Contact an ADU specialist and find how to get that done. Would you rather use the almost 11,000 square foot lot to build an ADU unit or two? Contact an ADU specialist and find out how to get that done. So, are you ready to check out this great opportunity? Let's talk soon.

Additional Information

Appliances
Disposal, Gas Range, Refrigerator, Range Hood, Water Heater
Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless, Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Granite Counters, Tile Counters
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$58,836
Operating Expense
11035

Listing courtesy of Listing Agent: John Gorske (john@dockwalkrealestate.com) from Listing Office: CTM Management Inc.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.