11460 Copeland Street Active Save Request In-Person Tour Request Virtual Tour
Lynwood,CA 90262
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25072693
Bedrooms 5
HOA Y/N No
Lot Size 9,094 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
[Must be sold with 11464 Copeland] Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, this is nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, and a 2-car garage and large fenced yard, then a large lawn common area and finally a building that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
[Must be sold with 11464 Copeland] Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, this is nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, and a 2-car garage and large fenced yard, then a large lawn common area and finally a building that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
Location
State CA
County Los Angeles
Area Lynwood (90262)
Zoning Public Rec
Interior
Appliance Radiant
Building
Lot Description Curbs,Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Miscellaneous Value in Land
Acceptable Financing Cash,Exchange
Space Rent $1,788
Listing Terms Cash,Exchange