3203 Wisconsin Avenue
Lynwood, CA 90262
- – beds
- – baths
- – sqft
- 5,287 sqft lot
- 1959 build
- – on site
Prime 5-Unit Investment Opportunity in Lynwood! Seize this exceptional investment opportunity with this income-producing 5-unit property, now offering higher rental income and strong financials! Featuring a mix of 1, 2 bedroom units, this well-maintained asset is fully occupied with long-term tenants, ensuring stability and growth. Gross Scheduled Income: $89,640 - Net Operating Income: $75,947 - Monthly Rents -Unit A: $1,390, Unit B: $1,410, Unit C: $1,640, Unit D: $1,410 and Unit E: $1,620. Strategically located in a high-demand rental market. This property features secure parking for tenants, well kept and is close to schools, shopping, and major transportation routes, making it an ideal choice for tenants and a lucrative asset for investors. With strong cash flow, room for future appreciation, and a prime location, this property is the perfect addition to any investor’s portfolio. Don’t miss out!
Last checked:
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Last updated Feb 16, 2025
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MLS# PW25011297 —
The Building
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Year Built:1959
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco, Wood Siding
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Building Area Total:4000.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:1
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Roof:Shingle
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Stories Total:2
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Entry Level:1
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Number With Patio:1
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Accessibility Features:None
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Common Walls:No Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:1
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Flooring:Carpet, Laminate
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Number Wall AC:5
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Fireplace:No
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Fireplace:None
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Laundry:In Garage
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:From I-105 W/Century Fwy Take exit 12 for Long Beach Blvd, Follow Long Beach Blvd to Wisconsin Ave
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Latitude:33.94375300
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Longitude:-118.21497100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LYR3*
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Lot Features:Walkstreet
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Lot Size Area:5287.0000
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Lot Size Acres:0.1214
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Lot Size SqFt:5287.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Block
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5402.01
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Tax Tract:4936
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Tax Lot:45
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6207008016
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Concrete, Garage, Street
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Parking Spaces:5.00
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Garage Spaces:5.00
Extra Units
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Average 1 Bed Area:700
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Average 2 Bed Area:850
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Number With Carpet:3
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/16/25
Feb 16, 2025
|
Price Changed | CRMLS_CA | $1,300,000 | 8.3% |
1/17/25
Jan 17, 2025
|
Listed / Active | CRMLS_CA | $1,200,000 |