3320 Tenaya Ave, Lynwood, CA 90262

Property Description

**Desirable Mix of Two Bedroom Units With Two Two-Car Garage Parking
 **Property is Located in Residential Neighborhood Community
 **20 Percent Upside on Rents with Long-Term Tenants
 **Individual Water Heaters and Separately Metered For Gas and Electricity
 **Walking Distance to All Local Businesses and Transportation
 **New Roof and Two Kitchens
 
 Built in 1923 and 1958, this single story property is comprised of three buildings with five spacious units situated on a 11,534-square foot lot, with 4,402-rentable square feet. The large front building is a duplex of approximately 1,954 square feet used as a 4 bedroom / 1 bathroom and a 3 bedroom / 1 bathroom unit. A two car garage is next to the front unit with its own separate driveway. The three other units are all 2 bedrooms and 1 bathroom units of approximately 816 square feet with an additional attached two car garage. There is two more parking spots available on the property allowing each unit a parking space. All units are metered for gas and electricity, are occupied and have established long term tenants. 
 
 This investment offering is in a residential area of the city and has a good Walkscore with nearby access to local restaurants, markets, parks, schools, bus stop and entertainment as well as a very short drive of less than a mile to the 110 Freeway allowing access to the entire Los Angeles freeway system. The subject property is an excellent opportunity for your investor or owner occupied buyer.