Skip To Content
    Return to Previous Page

    3554 Brenton Avenue

    Lynwood, CA 90262
    • $850,000
    • STATUS: ACTIVE
    • ON SITE: 4 days
    • ID#: 302997030
    New On Site 4 Days Ago
    UPDATED: 233 min ago
    $850,000
    • 6
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Three (3) unit, single-story building built in 1956 with four (4) enclosed garage spaces. Offered at a 5.12% cap rate, this property delivers an excellent return from day one, with the ability to increase cash flow by increasing rents to market. The spacious 3 BD/2BA unit is currently rented well below market. All units larger than average featuring one (1), 1BD/1BA, one (1), 2BD/1BA and one (1) 3 BD/2BA with approximately 1,800 SF of living space. The 2 BD/1BA unit can be delivered vacant at the close of Three (3) unit, single-story building built in 1956 with four (4) enclosed garage spaces. Offered at a 5.12% cap rate, this property delivers an excellent return from day one, with the ability to increase cash flow by increasing rents to market. The spacious 3 BD/2BA unit is currently rented well below market. All units larger than average featuring one (1), 1BD/1BA, one (1), 2BD/1BA and one (1) 3 BD/2BA with approximately 1,800 SF of living space. The 2 BD/1BA unit can be delivered vacant at the close of escrow. At $268/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. Big fenced patio with secure gate shared with the adjacent fourplex. Professionally managed, well maintained, and several units have been recently upgraded. 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 fourplex located at 3552 Brenton Ave. MLS# SB21006639

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/113189749
    Print Image

    3554 Brenton Avenue Lynwood, CA 90262

    • Price: $850,000
    • Status: ACTIVE
    • Updated: 233 min ago
    • ID#: 302997030
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    Lynwood (90262)
    County:
    Los Angeles
    Area:
    Lynwood (90262)
    Property Description
    Three (3) unit, single-story building built in 1956 with four (4) enclosed garage spaces. Offered at a 5.12% cap rate, this property delivers an excellent return from day one, with the ability to increase cash flow by increasing rents to market. The spacious 3 BD/2BA unit is currently rented well below market. All units larger than average featuring one (1), 1BD/1BA, one (1), 2BD/1BA and one (1) 3 BD/2BA with approximately 1,800 SF of living space. The 2 BD/1BA unit can be delivered vacant at the close of Three (3) unit, single-story building built in 1956 with four (4) enclosed garage spaces. Offered at a 5.12% cap rate, this property delivers an excellent return from day one, with the ability to increase cash flow by increasing rents to market. The spacious 3 BD/2BA unit is currently rented well below market. All units larger than average featuring one (1), 1BD/1BA, one (1), 2BD/1BA and one (1) 3 BD/2BA with approximately 1,800 SF of living space. The 2 BD/1BA unit can be delivered vacant at the close of escrow. At $268/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. Big fenced patio with secure gate shared with the adjacent fourplex. Professionally managed, well maintained, and several units have been recently upgraded. 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 fourplex located at 3552 Brenton Ave. MLS# SB21006639
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K

    Interior Features

    Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2

    Property Features

    Actual Cap Rate 5.12 Annual Expense Actual 18344 Assessments Yes/Remarks Buildings 1 Gross Rent Multiplier Actual 13.33 Gross Scheduled Income Actual 63780 Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1425.0 Unit2 Rent Actual 1795.0 Unit3 Rent Actual 2095.0 Zoning Assessor

    Listing provided courtesy of Keller Williams Beach Cities. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    Logo
    Cay, Carly & Patrick | Keller Williams
    12780 High Bluff Drive
    San Diego CA, 92130