Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
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$450,000

$495,000

9.1%
Est.Price: ?

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Est. payment /mo

4,251 Sqft Lot


SOLD DATE : 06/15/2022

Key Details

Sold Price $450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22154163

Sold Date 06/15/22

HOA Y/N No

Year Built 1930

Lot Size 4,251 Sqft

Property Description

11184 California Avenue is part of the McCormick Ambulance real estate portfolio, a well-positioned and unique real estate opportunity. The portfolio consists of a diverse mix of three (3) properties, including a single-family residence, a mixed-use residential/retail property, and a duplex. All three properties are currently on month-to-month leases with American Medical Response Group, a transportation ambulance company. AMR would like to execute a new lease. The properties will be sold "as-is", with AMR on month-to-month leases for all three assets. All in all, this is a great opportunity to acquire three assets in different locations with a blended cap rate of 6.23% (assuming owner signs new lease with AMR.) 11184 California Avenue, Lynwood CA 90262, is a 2bd + 1ba single-family residence consisting of approximately 720 SF of building on an approximate 4,253 SF lot. The subject property features a large parking lot behind the house that can park up to 8 vehicles. The subject property is currently used as office space and parking for American Medical Response Group, whom is on a month-to-month lease. Tenant has expressed desire to execute a new lease.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYC2*

Interior

Fireplace No

Exterior

Parking Features Gated, Private, One Space, Uncovered

Building

New Construction No

Others

Senior Community No

Tax ID 6173013009

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Hirth • KW Advisors
Bought with Daniel Hirth • KW Advisors
agent-avatar

+1(949) 212-5036

shelly@remaxcoastalhomes.com

1644 N El Camino Real, Clemente, CA, 92672, USA

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