3037 Flower Street

Lynwood, CA 90262

$925,000
Last Sold Price
6
Beds
5
Baths
2,416 Sq. Ft.
$383 / Sq. Ft.
2,416
Sq. Ft.
$383
per Sq. Ft.

Description

Calling all investors, recently upgraded triplex with positive cash flow. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath,...Calling all investors, recently upgraded triplex with positive cash flow. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath, enclosed porch and sun room. This historic home has new paint inside and out, whole house water filtration system, new flooring, newer roof, new plumbing, new wifi A/C window units and brand new water heater. The second building is a good sized duplex built in 1963. It is comprised of two 2 bedroom and 1.5 bath units. Boasting fresh paint inside and out, tile flooring downstairs and newer laminate flooring in both units upstairs. Both units have new low flow toilets, new wifi A/C units and new lighting. All three units are individually metered and each feature individual laundry hook ups, plus private patio areas. To the rear of the property is a 3 car garage with new garage doors offering each unit its own single car garage. This large rear garage may have the ability to be expanded by adding an ADU. In addition to the garages there is more on site parking. Finally the exterior of the property has been recently equipped with new outdoor solar lighting and new fire extinguishers. Centrally located to the 105, 710 and 91 freeways, plus blocks just from Plaza Mexico, restaurants, shops and more. This income producing gem with not last long, so submit your best offer today!
  1. Listed by Jennifer Harris • DRE #01798819 • Brokerage DRE #01277502 • The Shire Real Estate Group

Property Details for 3037 Flower Street

Architectural Style
Craftsman
View
None
Parking Spaces Total
9
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of The Shire Real Estate Group, Jennifer Harris, DRE #01798819

Sold By Century 21 Realty Masters, Astrid Chaidez, DRE #02119619; Century 21 Realty Masters, Sergio Angulo, DRE #02068594

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LISTING UPDATED: 07/25/2023 06:09 AM

Property Details for 3037 Flower Street

StatusClosed
MLS #PW23090998
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.15 AC / 6,502 SF
CountyLos Angeles County

Location

Listing Courtesy of The Shire Real Estate Group, Jennifer Harris, DRE #01798819

Sold By Century 21 Realty Masters, Astrid Chaidez, DRE #02119619; Century 21 Realty Masters, Sergio Angulo, DRE #02068594

Add your commute

Virtual Tour

Building Information for 3037 Flower Street

Stories2Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,502 SF

Payment Calculator

$5,933 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3037 Flower Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $62,361
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $62,361
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $14,439
  • Insurance Expense: $1,390
  • Trash Expense: $1,080
  • Water Sewer Expense: $1,728
  • Total Expenses: $4,198
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 540501
  • Tax Census Tract: 5405.01
  • CFD/Mello-Roos Fee: $947
  • Tax Lot: 24
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Park
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Gas Range, Water Heater
  • Equipment: Inside, Outside
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Insulated Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wire, Wood
  • Fencing: Wire, Wood
  • Foundation Details: Raised, Slab
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Cul-De-Sac, Front Yard
  • Direction Faces: South
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Driveway, Garage
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway, Concrete, Garage, Off Street
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: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 3
  • Number Wall AC: 6

Property History for 3037 Flower 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 3037 Flower Street

Taxable ValueLand$436,968Additions$286,110Total$723,078
Tax Record2023$10,622 ($885 / month)
Home Facts
Total Finished SqFt2,416 SqFtAbove Grade Finished SqFt2,416 SqFtLot Size6,502 SqFtStyleTriplexYear Built1963ZoningLYR3YYCountyLOS ANGELESAPN6169-008-014

Schools near 3037 Flower 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
Lindbergh Elementary School
PublicK to 6

Lynwood Middle School
Public7 to 8

Marco Antonio Firebaugh 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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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 The Shire Real Estate Group, Jennifer Harris, DRE #01798819

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.