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11230 Louise Avenue

Lynwood, CA 90262

– beds
– baths
– sqft
11,940 sqft lot
1944 build
– on site

Value-add 6-unit building consisting of 5-2 bedroom, 1 bath and 1-4 bedroom, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. With a pro forma cap rate of 6.58%, this asset presents an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.

Listed By CRMLS_CA / Louis DiGonzini / eXp Realty of Southern Ca, Inc / 949-922-8420

Last checked: Checking… • Last updated Apr 10, 2025 •

MLS# NP25065687 —

The Building

Year Built:

1944
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4863.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

2
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

Two
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

In Closet
Laundry:

1

Location

Directions:

Head North on Louise Ave.
Latitude:

33.92320400
Longitude:

-118.18093700

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LYR3YY
Lot Features:

6-10 Units/Acre
Lot Size Area:

11940.0000
Lot Size Acres:

0.2741
Lot Size SqFt:

11940.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5400.00
Tax Tract:

10634
Tax Lot:

66

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6194026005

Heating & Cooling

Heating:

1
Heating:

Combination

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts in Laundry
Water Source:

Public

The Community

Features:

Curbs
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

9.00
Carport Spaces:

9.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/1/25 Apr 1, 2025	Listed / Active	CRMLS_CA	$2,100,000	210.2% (17.7% / YR)
5/17/13 May 17, 2013		CRMLS_CA	$677,000

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This multifamily located in Southeast La, Lynwood, CA 90262 is currently for sale for $2,100,000. 11230 Louise Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 9 days. 11230 Louise Avenue is in the Southeast La neighborhood of Lynwood and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Will Rogers Elementary School, Lynwood Middle School, and Marco Antonio Firebaugh High School.

Listing Courtesy of: CRMLS_CA and eXp Realty of Southern Ca, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 19:34 on Apr 10.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.