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    5255 Elmwood Avenue

    Lynwood, CA 90262
    • $670,000
    • STATUS: Active Under Contract
    • ON SITE: 158 days
    • ID#: DW20076006
    Under Contract
    $670,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,900
      SQFT
    • $353
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    GREAT RENTAL INCOME POTENTIAL! Two beautifully clean and updated units with newer exterior and interior paint, tile flooring throughout, and modern light fixtures. Each kitchen has been updated with wood cabinets, tile backsplash, and granite counter tops. Airy and bright bathrooms have also been updated including showers, flooring and vanities. Washer and Dryer Hookups are included in both units along with well sized parking, welcoming patios for family gatherings and space for kids to play or for a pet. Units are located close to transportation, restaurants, shopping centers, and convenient access to freeway. This is a must see!!! Great Opportunity for a First-time Buyer to own a duplex (live in one and rent the other unit?) or for an Investor to add to their portfolio.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T00:28:53.443. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/105156906
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    5255 Elmwood Avenue Lynwood, CA 90262

    • Price: $670,000
    • Status: Active Under Contract
    • ID#: DW20076006
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,900
    SQFT
    $353
    $/SQFT
    1948
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    GREAT RENTAL INCOME POTENTIAL! Two beautifully clean and updated units with newer exterior and interior paint, tile flooring throughout, and modern light fixtures. Each kitchen has been updated with wood cabinets, tile backsplash, and granite counter tops. Airy and bright bathrooms have also been updated including showers, flooring and vanities. Washer and Dryer Hookups are included in both units along with well sized parking, welcoming patios for family gatherings and space for kids to play or for a pet. Units are located close to transportation, restaurants, shopping centers, and convenient access to freeway. This is a must see!!! Great Opportunity for a First-time Buyer to own a duplex (live in one and rent the other unit?) or for an Investor to add to their portfolio.
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Fireplace Features Dining Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Gas & Electric Dryer HookupWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet LightsUrban Country Us Electric Expense 1000.00 Elevation Units Feet Fuel Expense 1000.00 Gross Income 4150.00 Gross Scheduled Income 4150.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN Yes Net Operating Income 300.00 New Construction YN No New Taxes Expense 4783.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 300.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 1650.00 Total Expenses 10983.00 Trash Expense 720.00 Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor Zoning Lyr3*

    Listing provided courtesy of Salvador Almanza of Century 21 Realty Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T00:28:53.443. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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