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3130 Euclid Avenue — Lynwood | Belmont Brokerage

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$9,800,000

43,560 sqft lot|1963 Built|367 DOM

3130 Euclid Ave, Lynwood, CA 90262

Property Description

Pleased to present the Euclid Manor apartments, a rare opportunity to purchase a 51-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath, 2-Bedroom/2-Bath and 3-Bedroom/2-Bath units. Unit amenities include large floorplans, garages, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Euclid Manor apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Listing provided by: Doug RodermundDRE #01314304949-251-8800 dsr@morganskenderian.com, Morgan Skenderian

MLS #: PW25144612