---
listing_id: CRPW26137735
status: Active
price: 5000000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 23974
lot_acres: 
year_built: 1958
property_type: Residential Income
property_subtype: Residential Income
address: "12424 Atlantic"
city: Lynwood
state: CA
zip: 90262
county: "Los Angeles County"
lat: 33.9095129
lng: -118.1919069
days_on_market: 19
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Jackson Jorgensen"
list_office: "Younglewin Advisors, Inc."
list_agent_phone: "(626) 399-2415"
list_agent_license: 02022727
mls_source: CRMLS
modified: 2026-06-30
transaction_type: buy
---

Home | Los Angeles County | Lynwood | 90262 | 12424 Atlantic

12424 Atlantic, Lynwood, CA 90262

MLS: CRPW26137735 | Status: | Price: $5,000,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – 23,974 1958

Remarks

We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building. The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, which permits annual increases of up to 8.7% (effective August 1, 2026). Centrally located in Lynwood just two blocks from Janie Abbott Elementary School and adjacent to an established single-family neighborhood. Additionally, the property is two minutes away from the 710 and 105 freeways, making this a great commuter location for tenants.

MLS Listing Information

Field Value
MLS # CRPW26137735
MLS Source California Regional MLS
Days on Site 19

Features

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 0 Car(s)

Contact Information

Jackson Jorgensen
Younglewin Advisors, Inc.
License #: 02022727
Phone: (626) 399-2415

Property Units

# Buildings # Leased Units # Total Units
1 – –

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Janie P. Abbott Elementary School public K-6 0.27 mi 4
Mark Twain Elementary School public K-6 0.43 mi 6
Whaley Middle School public 6-8 0.50 mi 8
Foster Elementary School public K-5 0.66 mi 10
Lynwood High School public 9-12 0.85 mi 5
Marco Antonio Firebaugh High School public 9-12 0.87 mi 5
Roosevelt Elementary School public K-8 0.91 mi 4
Lynwood Adult public UG 1.02 mi N/A
Helen Keller Elementary School public K-6 1.03 mi 7
Compton Unified Rop School public 9-12 1.03 mi N/A
Vista High (Continuation) School public 9-12 1.07 mi 2
Washington Elementary School public K-6 1.08 mi 9
Clinton, William Jefferson School public K-8 1.09 mi 9
Will Rogers Elementary School public K-6 1.11 mi 6
Los Cerritos School public K-5 1.15 mi 7
Wilson Elementary School public K-6 1.17 mi 4
Howard Tanner School public K-5 1.18 mi 6
Pathway Independent Study School public 9-12 1.21 mi N/A
Hollydale School public K-8 1.24 mi 5
Cesar Chavez Continuation High School public 9-12 1.24 mi 2

Disclosures

©2026 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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This listing information is up-to-date as of June 30, 2026. For the most current information, please contact Jackson Jorgensen, (626) 399-2415.