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3566 Mulford Ave
Lynwood, CA 90262

$1,150,000 USD

Apartments For Sale  •  2,161 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,161 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 5.63 %
0 Transit Score
82 Walk Score

Highlights

Excellent location on a residential street with pride of ownership homes
Oversized lot w/ ability to add either 2 or 4 ADUs to achieve an 11% or 16% Cap rate
Recent renovations include: new stucco/paint, landscaping, interior renovations, dual paned windows, new garage doors, and new roof
Close to Lynwood Park/Sports Complex/Recreation Area, City Hall, Henning Youth Center, St. Francis Medical Center and Plaza Mexico
Unit mix of (4) 1Bed+1Bath with individual garages
Currently operating at a 5.47% Cap Rate and 12.46 GRM

Property Flyers

Financial Summary (Actual)

Net Operating Income: $64,706 USD (2023)
Cap Rate: 5.63 %
Total Expenses: $24,829 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Heating
  • Kitchen
  • Tub/Shower
  • Yard
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.8 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 9.3 mi
Transit/SubwayDriveWalkDistance
Long Beach Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 19 min - 10.3 mi
Los Angeles International 18 min - 13.3 mi
Bob Hope 39 min - 26.7 mi
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate