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Lynwood, CA 90262 10303 Long Beach Boulevard

$6,299,999

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Presented By: Eric Pinaya with 24 Hour Real Estate; 562-243-4039
  • MLS# DW24032049
  • 02/14/2024
  • Request Tour
  • Request Info
  • BedBeds • 14
  • BathBaths • 5
  • FootageSQFT • 15,184

Home Details

Excellent income opportunity and location. 3 buildings on one lot. 10301, 10303, 10305 are included. 27 units total. 2 laundry rooms. Of the 27 units, 15 are single, 10 1 bedroom, 2 2 bedroom. Property grounds have been maintained regularly. Upgraded electrical on 10301 building. Lots of units getting upgraded, recessed lighting and laminate or tile flooring. Gated entry on front and drive-in. Nearby restaurants, groceries and bus stop. Short drive to Plaza Mexico and 105 fwy. More information coming soon.
Presented By: Eric Pinaya with 24 Hour Real Estate; 562-243-4039

Interior Features for 10303 Long Beach Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesLaundryRoom, SeeRemarks
Street SuffixBoulevard
Total Stories3
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 10303 Long Beach Boulevard

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces9.0
Carport Y/NYes
CityLynwood
Community FeaturesStormDrains, StreetLights, Sidewalks, Gated
ContingencyPossible Subject to 1031 Exchange
CoolingNone
CountyLos Angeles
Current FinancingConventional
Days on Market20
DirectionsSouth of Tweedy Blvd, cross street Sequoia, corner lot
DisclosuresPetRestrictions
ElectricElectricityOnProperty
Electric Expense42000.0
Entry LocationStreet
Fuel Expense7200.0
Garage Spaces0.0
Garage Y/NNo
Gross Income1500.0
HOA0.0
HOA / Comm AssnNo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense21000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCashtoNewLoan, Item1031Exchange
Lot Size Square Feet21494.0
MLS AreaRM - Lynwood
MaintenanceExpense12000.0
MobileHomeRemainsYNNo
Net Operating Income292543.0
New ConstructionNo
Number of Units Leased27
Open Parking Spaces15.0
Operating Expense114257.0
Other StructuresStorage, Workshop
Pool FeaturesNone
PossessionNegotiable
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Flat
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SecurityGate, GatedCommunity, ResidentManager, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameLong Beach
Tax Lot5
Tenant PaysCableTV, Telephone
Total Actual Rent33900.0
Total Units27
Trash Expense11545.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense17112.0
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningLYC3*

Exterior for 10303 Long Beach Boulevard

Building Area Total15184.0
Crops Included Y/NNo
FencingWroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, StreetLevel
Lot Size Acres0.4934
Lot Size Area21494.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters18
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Carport, DrivewayLevel, Driveway, Gated, Paved, Private
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking24.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $6,299,999
MLS#DW24032049
List Date 02/14/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors