11460 Copeland Street

Lynwood, CA 90262

$998,000
Price
6
Beds
5
Baths
2,852 Sq. Ft.
$350 / Sq. Ft.
2,852
Sq. Ft.
$350
per Sq. Ft.

Description

In a pride of ownership neighborhood with easy freeway access is this amazing opportunity that hasn’t been available for decades, featuring a single-family residence in the front of the large lot, and a fourplex behind! Front house is 2/1 detached home with a fenced yard. Fourplex is all 1/1's with two upstairs and two down. Attached to the 4-plex are 4 garages facing the alley none of which are included in current month-to-month tenant agreements. Over 9000 SQFT OF LAND with a large lawn between...In a pride of ownership neighborhood with easy freeway access is this amazing opportunity that hasn’t been available for decades, featuring a single-family residence in the front of the large lot, and a fourplex behind! Front house is 2/1 detached home with a fenced yard. Fourplex is all 1/1's with two upstairs and two down. Attached to the 4-plex are 4 garages facing the alley none of which are included in current month-to-month tenant agreements. Over 9000 SQFT OF LAND with a large lawn between the front house and back building makes for a peaceful lifestyle. Needs-work condition is an opportunity for upside. High demand rental area. Check with City of Lynwood to confirm that with approved permits for "substantial renovation", they will allow 60 days' notice and ONLY ONE month's rent for relocation assistance! Seller prefers to sell this parcel with the one next door but will hear offers on each separately as well.
  1. Listed by Maggie Ureno • DRE #01319367 • Brokerage DRE #01353781 • RE/MAX Select One • 714-962-4443

Property Details for 11460 Copeland Street

Parking Spaces Total
7
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2852
Assessor Parcel Number
6173-006-006
Property Attached YN
true

Location

Listing Courtesy of RE/MAX Select One, Maggie Ureno, DRE #01319367
Add your commute
LISTING UPDATED: 02/21/2024 09:58 PM

Property Details for 11460 Copeland Street

StatusActive
MLS #OC22198381
Days on Market552
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.21 AC / 9,091 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Select One, Maggie Ureno, DRE #01319367
Add your commute

Building Information for 11460 Copeland Street

Stories-Residences-Year Built1953Building Size-Lot Size0.21 AC / 9,091 SF

Payment Calculator

$5,773 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,446

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11460 Copeland Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $58,680
  • Gross Scheduled Income: $58,680
  • Net Operating Income: $40,280
Expense Details
  • Operating Expense: $18,400
  • New Taxes Expense: $3,657
  • Gardener Expense: $1,080
  • Fuel Expense: $0
  • Licenses Expense: $430
  • Pest Control Expense: $0
  • Electric Expense: $2,767
  • Insurance Expense: $2,655
  • Maintenance Expense: $2,312
  • Professional Management Expense: $706
  • Trash Expense: $2,000
  • Water Sewer Expense: $2,567
  • Supplies Expense: $226
  • Total Expenses: $18,400
Tax / Assessment Info
  • Tax Tract Number: 2551
  • Tax Census Tract: 5402.03
  • CFD/Mello-Roos Fee: $1,580
  • Tax Lot: 478
Community / Development
Community / Development
  • Community Features: Biking, Park, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Park Nearby, Yard
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $905
  • Unit Type Total Rent: $905
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $980
  • Unit Type Total Rent: $980
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 11460 Copeland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11460 Copeland Street

Taxable ValueLand$62,753Additions$109,259Total$172,012
Tax Record2023$3,927 ($327 / month)
Home Facts
Total Finished SqFt2,852 SqFtAbove Grade Finished SqFt2,852 SqFtLot Size9,091 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLYR3YYCountyLOS ANGELESAPN6173-006-006

Schools near 11460 Copeland 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
Wilson 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.

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11460 Copeland Street is a multi-family home for sale in Lynwood, CA 90262. This property was listed for sale on September 23, 2022 by RE/MAX Select One, it's currently listed at $998,000. This listing's school district is Lynwood Unified School District. Nearby schools include Wilson Elementary School, Hosler Middle School and Lynwood High School. 11460 Copeland Street is a 6-bed, 5-bath, 2,852 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Select One, Maggie Ureno, DRE #01319367

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.