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$7,500,000
62 Days On Site

3189 Euclid Avenue
Lynwood, CA 90262

For Sale|Apartment|Pending
0
Beds
0
Total Baths
31,901
SqFt
$235
/SqFt
1959
Built
County:
Los Angeles
Listed by Doug Rodermund of Morgan Skenderian dsr@morganskenderian.com

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3189 Euclid Avenue3189 Euclid Avenue3189 Euclid Avenue3189 Euclid Avenue
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Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

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Listing Snapshot
Price 
$7,500,000
Days On Site 
62 Days
Bedrooms 
N/A
Inside Area (SqFt) 
31,901 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9238 Acres
Year Built 
1959
MLS® Number 
PW25113868
Status 
Pending
Property Tax 
$108,832
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Pending
4 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.9238
Carport 
45
Number Of Stories 
2
Parking Spaces 
45
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
31901
Stories 
Two
Water Source 
Public
Zoning 
LYR3YY
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional
MLS Area 
699 - Not Defined


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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