Property Details
About this Property
Property will be open Saturday: November 23rd from 2pm - 4pm. Highest cash flow 4 Plex in the city on a oversized lot! 3566 Mulford Ave is a renovated 4plex located in Lynwood currently operating at a 5.63% Cap Rate and 12.46 GRM. Ideal opportunity for any value-add investor or owner user looking to live in one unit while your tenants pay your mortgage. This 2,161 square foot building is situated on a 8,939 square foot lot, zoned LYR3. Tremendous opportunity for a buyer to build either 2 or 4 ADUS on-site using new Senate Bill SB1211. With just two ADUs, a buyer can reach a 11.32% CAP Rate or a 16.48% cap rate with building 4. There are four single car garages in the rear that can be converted to an ADU and have an ADU built on top while maintaining parking, or you can remove parking all together and add an additional 4 units to the rear. The property features new double pain windows, individual garages, large common area behind the garages and individual water heaters. This is one of the best cash flowing assets in Lynwood. Ownership has completed interior renovations, exterior stucco and paint, added duel-paned vinyl windows, replaced the roof and garage doors. Whether you are an owner/user or investor, this is the perfect opportunity to break into the re
MLS Listing Information
MLS #
CRSB24220035
MLS Source
California Regional MLS
Days on Site
57
Interior Features
Appliances
Other
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Contact Information
Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
Co-Listing Agent
Michael Padilla
Lyon Stahl Investment Real Estate, Inc.
License #: 01993341
Phone: (310) 420-2541
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3566 Mulford Ave is a Residential Income in Lynwood, CA 90262. This – square foot property sits on a 8,939 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,150,000 and was built in 1948. This address can also be written as 3566 Mulford Ave, Lynwood, CA 90262.
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This listing information is up-to-date as of November 24, 2024. For the most current information, please contact Cameron Samimi
