10206 State Street
10206 State Street
$1,350,000
9
5
3,706
3,706
$364
Description
proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry....proud to present these 5 unit multifamily investment asset located in the highly desirable rental market of Lynwood. The property features(1) three-bedroom unit , (2) two-bedroom units and (2) one-bedroom units. Parking consists of (2) double car garages and (1) single car garage on 5,261 square foot lot. 3 units have been renovated, all 5 units with stabilized rents at a 6.18 cap rate on current rents with room for increase, Individually metered for both gas and electricity and on-site laundry. This is an excellent investment opportunity because of its great location, strong unit mix and upside in rental income. Investment Highlights ? 5 unit property ? 3 renovated units ? Stabilized rents on all 5 units ? 6.18 Cap rate based on current rents. Perfect for any investor look for upleg from smaller units. Please don't disturb the tenants if you have any questions call or email me.
- Listed by Victor Ambriz Jr • DRE #00952349 • Brokerage DRE #01978349 • Keller Williams SELA • victor@ambrizandassociates.net
Property Details for 10206 State Street
Parking Spaces Total
5
Private PoolNo
Cooling TypeNone
Total Units5.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3706
Assessor Parcel Number6208-008-014
Location
LISTING UPDATED: 03/21/2024 12:58 AM
Property Details for 10206 State Street
Status | Active |
---|---|
MLS # | DW24056170 |
Days on Market | 48 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1953 |
Lot Size | 0.12 AC / 5,263 SF |
County | Los Angeles County |
Location
Building Information for 10206 State Street
Stories2Residences-Year Built1953Building Size-Lot Size0.12 AC / 5,263 SF
Payment Calculator
$8,667 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 10206 State Street
Property History for 10206 State Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10206 State Street
Taxable ValueLand$576,045Additions$470,926Total$1,046,971
Tax Record2023$15,591 ($1,299 / month)
Home Facts
Total Finished SqFt3,706 SqFtAbove Grade Finished SqFt3,706 SqFtLot Size5,263 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLYR3YYCountyLOS ANGELESAPN6208-008-014
Schools near 10206 State Street
This home is within Lynwood Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 6 | ||
Hosler Middle School Public7 to 8 | ||
Lynwood High School Public9 to 12 | ||
Vista High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.