3130 Euclid Avenue, Lynwood, CA 90262
List Price: $9.8M
Listing Status: Active
Original List Price: $10M
0Days on Market: 367
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1963
Lot Size: 43,560 sq ft
Garage Spaces: 51
Private Pool: Yes
Annual Property Tax: $129,347
MLS Number: PW25144612
About This Property
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 Rodermund DRE #01314304 949-251-8800 dsr@morganskenderian.com, Morgan Skenderian
Source: CRMLS, MLS #: PW25144612
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.