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    3552 Brenton Ave

    Lynwood, CA 90262
    • $1,050,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • ID#: SB21006639
    Under Contract
    UPDATED: 111 min ago
    $1,050,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,148
      SQFT
    • $253
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Four (4) units built in 1958 with five (5) enclosed garages. Offered at a 5.28% cap rate, this property delivers solid income from day one with additional rent upside. The units are above average in size, featuring a unit mix of three (3), 2 BR- 1BA's and one (1) very large, 2BR-2BA unit (approximately 1,526 sq. ft.). At $253/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. The property is professionally managed, well maintained, and several units have been upgraded in the last few years. There is a large fenced patio with a secure gate that is shared with the adjacent triplex. Close to nearby St. Emydius Catholic Church, schools, St Francis Medical Center and the popular Plaza Mexico Shopping Center. The building can be purchased together or separate from the adjacent triplex located at 3554 Brenton Ave MLS # SB21006380.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T21:29:58.17. 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 The Bhagat Group. Licensed in the State of California, USA.

    www.propertycove.com/homes/113194485
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    3552 Brenton Ave Lynwood, CA 90262

    • Price: $1,050,000
    • Status: Active Under Contract
    • Updated: 111 min ago
    • ID#: SB21006639
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,148
    SQFT
    $253
    $/SQFT
    1958
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    Four (4) units built in 1958 with five (5) enclosed garages. Offered at a 5.28% cap rate, this property delivers solid income from day one with additional rent upside. The units are above average in size, featuring a unit mix of three (3), 2 BR- 1BA's and one (1) very large, 2BR-2BA unit (approximately 1,526 sq. ft.). At $253/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. The property is professionally managed, well maintained, and several units have been upgraded in the last few years. There is a large fenced patio with a secure gate that is shared with the adjacent triplex. Close to nearby St. Emydius Catholic Church, schools, St Francis Medical Center and the popular Plaza Mexico Shopping Center. The building can be purchased together or separate from the adjacent triplex located at 3554 Brenton Ave MLS # SB21006380.
    Exterior Features

    Entry Level 1 Garage Spaces 5.00 Lot Features Front Yard Lot Size Units Square Feet Parking Total 5.00 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 Flooring Laminate Heating Central Heating YN Yes Laundry Features Common Area Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.28 Community Features Urban Country Us Current Financing Conventional Elevation Units Feet Gross Income 80796.00 Gross Multiplier 13.00 Gross Operating Income 78372.00 Gross Scheduled Income 80796.00 Insurance Expense 1005.00 Land Lease YN No Laundry YN Yes Net Operating Income 55491.00 New Construction YN No New Taxes Expense 13036.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 22881.00 Operating Expense Percent 29.20 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 74220.00 Total Expenses 22881.00 Trash Expense 1304.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3.00 Water Sewer Expense 2609.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Joseph Franklin of Keller Williams Beach Cities and Martin Ensbury of Keller Williams Beach Cities


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T21:29:58.17. 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 The Bhagat Group. Licensed in the State of California, USA.

     
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