Lynwood, CA 90262,3552 BRENTON AVE

$1,015,000

Est. payment /mo

$1,050,000

3.3%
Est.Price: ?

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3552 BRENTON AVE Lynwood, CA 90262

7,840 Sqft Lot

SOLD DATE : 03/09/2021

Key Details

Sold Price $1,015,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21006639

Sold Date 03/09/21

HOA Y/N No

Year Built 1958

Lot Size 7,840 Sqft

Property Description

Four (4) units built in 1958 with five (5) enclosed garages. Offered at a 5.28% cap rate, this property delivers solid income from day one with additional rent upside. The units are above average in size, featuring a unit mix of three (3), 2 BR- 1BA's and one (1) very large, 2BR-2BA unit (approximately 1,526 sq. ft.). At $253/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. The property is professionally managed, well maintained, and several units have been upgraded in the last few years. There is a large fenced patio with a secure gate that is shared with the adjacent triplex. Close to nearby St. Emydius Catholic Church, schools, St Francis Medical Center and the popular Plaza Mexico Shopping Center. The building can be purchased together or separate from the adjacent triplex located at 3554 Brenton Ave MLS # SB21006380.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Flooring Laminate

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 5

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6191015003

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Joseph Franklin • Keller Williams Beach Cities
Bought with Sunny Choi • T.N.G. Real Estate Consultants

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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