We are pleased to present 12240 Santa Fe Ave, a six unit apartment building to market in Lynwood, CA. Santa Fe Ave consists of six one bed/one bath units that are approximately 600 square feet each on a 7,316 square foot lot that includes a five car garage in the rear of the property. The property has undergone extensive exterior renovation including a newer roof on the main main structure and garage, new exterior paint, new vinyl double pane windows, new garage doors, and mini split conditioners for all the units. One of the units has been fully renovated as well with vinyl plank floors, new bathroom, and a new kitchen. The property is separately metered for electric and gas. With rents 40% below market, this property offers significant upside in rental income with most of the capital improvements already completed.
MLS #
CRPW24076143
MLS Source
California Regional MLS
Days on Site
18
Buyer's Brokerage Compensation*
2.50
Garage/Parking
Garage: 5 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
12240 Santa Fe Ave is a Residential Income in Lynwood, CA 90262. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1949.
This address can also be written as 12240 Santa Fe Ave, Lynwood, CA 90262.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 16, 2024. For the most current information, please contact Jackson Jorgensen, (626) 399-2415