11464 Copeland Street

Lynwood, CA 90262

$899,000
Price
8
Beds
4
Baths
2,936 Sq. Ft.
$306 / Sq. Ft.
2,936
Sq. Ft.
$306
per Sq. Ft.

Description

Legacy units have not been on the market since 1977! Over 9100 SQFT OF LAND in great residential neighborhood near freeway and shopping. Property is a single story craftsman SFR in front, another single story detached behind that, and then a single story duplex behind with a long driveway and yard. Plus: attached to the duplex are 4 garages facing the alley not included in tenant's rents so available to lease out! Each unit is 2 bedrooms and 1 bath and price reflects all in fixer condition. Here's...Legacy units have not been on the market since 1977! Over 9100 SQFT OF LAND in great residential neighborhood near freeway and shopping. Property is a single story craftsman SFR in front, another single story detached behind that, and then a single story duplex behind with a long driveway and yard. Plus: attached to the duplex are 4 garages facing the alley not included in tenant's rents so available to lease out! Each unit is 2 bedrooms and 1 bath and price reflects all in fixer condition. Here's your chance to own like a legacy investor and earn some sweat equity. or Looking for a detached home to buy and live in? Why not get this one with 3 more units for income?! There is an opportunity to clean up and update these units and get this bargain to yield a great upside month after month. Please confirm with City of Lynwood that with approved permits for substantial renovation, City may approve 60 days' notice and only ONE month's rent relocation assistance for tenants!
  1. Listed by Maggie Ureno • DRE #01319367 • Brokerage DRE #01353781 • RE/MAX Select One • 714-962-4443

Property Details for 11464 Copeland Street

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2936
Assessor Parcel Number
6173-006-007
Property Attached YN
true

Location

Listing Courtesy of RE/MAX Select One, Maggie Ureno, DRE #01319367
Add your commute
LISTING UPDATED: 04/18/2024 02:57 PM

Property Details for 11464 Copeland Street

StatusActive
MLS #OC22198409
Days on Market551
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.21 AC / 9,110 SF
CountyLos Angeles County

Location

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

Building Information for 11464 Copeland Street

Stories-Residences-Year Built1910Building Size-Lot Size0.21 AC / 9,110 SF

Payment Calculator

$5,106 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11464 Copeland Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,910
  • Gross Scheduled Income: $34,910
  • Net Operating Income: $21,315
  • Other Income Description: none
Expense Details
  • Operating Expense: $13,594
  • New Taxes Expense: $2,237
  • Gardener Expense: $1,080
  • Fuel Expense: $0
  • Electric Expense: $2,114
  • Insurance Expense: $2,722
  • Maintenance Expense: $648
  • Other Expense: $94
  • Other Expense Description: ads
  • Trash Expense: $2,350
  • Water Sewer Expense: $2,349
  • Total Expenses: $13,594
Tax / Assessment Info
  • Tax Tract Number: 2551
  • Tax Census Tract: 5402.03
  • CFD/Mello-Roos Fee: $1,137
  • Tax Lot: 479
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, 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: Lot 6500-9999, Rectangular Lot, Treed Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
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 Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • 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 Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • 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 Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • 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 Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 11464 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 11464 Copeland Street

Taxable ValueLand$51,046Additions$40,163Total$91,209
Tax Record2023$2,402 ($200 / month)
Home Facts
Total Finished SqFt2,936 SqFtAbove Grade Finished SqFt2,936 SqFtLot Size9,110 SqFtStyleQuadraplexYear Built1910ZoningLYR3YYCountyLOS ANGELESAPN6173-006-007

Schools near 11464 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.

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.

11464 Copeland Street is a multi-family home for sale in Lynwood, CA 90262. This property was listed for sale on October 16, 2022 by RE/MAX Select One, it's currently listed at $899,000. This listing's school district is Lynwood Unified School District. Nearby schools include Wilson Elementary School, Hosler Middle School and Lynwood High School. 11464 Copeland Street is a 8-bed, 4-bath, 2,936 sqft multi-family home built in 1910.

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.