Lynwood, CA 90262 11460 Copeland Street

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Presented By: Maggie Ureno with RE/MAX Select One; 714-962-4443
  • MLS# OC22198381
  • 09/23/2022
  • Request Tour
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  • BedBeds • 6
  • BathBaths • 5
  • FootageSQFT • 2,852
  • GarageGarage • 5

Home Details

In a pride of ownership neighborhood with easy freeway access is this amazing opportunity that hasn’t been available for decades, featuring a single-family residence in the front of the large lot, and a fourplex behind! Front house is 2/1 detached home with a fenced yard. Fourplex is all 1/1's with two upstairs and two down. Attached to the 4-plex are 4 garages facing the alley none of which are included in current month-to-month tenant agreements. Over 9000 SQFT OF LAND with a large lawn between the front house and back building makes for a peaceful lifestyle. Needs-work condition is an opportunity for upside. High demand rental area. Check with City of Lynwood to confirm that with approved permits for "substantial renovation", they will allow 60 days' notice and ONLY ONE month's rent for relocation assistance! Seller prefers to sell this parcel with the one next door but will hear offers on each separately as well.
Presented By: Maggie Ureno with RE/MAX Select One; 714-962-4443

Interior Features for 11460 Copeland Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet

General for 11460 Copeland Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLynwood
Community FeaturesBiking, Suburban, Sidewalks, Park
Contingencyseller 1031 exchange
CountyLos Angeles
Days on Market579
Directionsexit 105 at Long Beach Blvd and go north, immed R on Platt, Platt becomes Fernwood, L on Copeland
Electric Expense2767.0
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income58680.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2655.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange, Submit
Lot Size Square Feet9091.0
MLS AreaRM - Lynwood
MaintenanceExpense2312.0
MobileHomeRemainsYNNo
Net Operating Income40280.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense18400.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Street NameCopeland
Tax Lot478
Taxes$3,657
Total Units5
Trash Expense2000.0
View Y/NNo
Water Sewer Expense2567.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLYR3YY

Exterior for 11460 Copeland Street

Building Area Total2852.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, Lawn, Landscaped, Level, NearPark, RectangularLot, StreetLevel, Yard
Lot Size Acres0.2087
Lot Size Area9091.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
SpaNo
Total Parking7.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $899,000
MLS#OC22198381
List Date 09/23/2022
Property Type Multi-Family
Phone 714.964.3311
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