3161 Euclid Ave
Lynwood, CA 90262
This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets.
Sales Price $2,100,000
Beds
15
Baths
8
Home Size
6904 Sq. Ft.
Lot Size
32472 Sq. Ft.
This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets.
Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.Lynwood's dynamic rental market demonstrates remarkable strength, with robust year-over-year rent growth significantly outpacing broader Los Angeles County trends. The city's demographic composition, predominantly family-oriented households with an average size exceeding four people, creates consistent demand for quality multifamily housing. This stable tenant base, combined with the area's position as an essential workforce housing market, ensures reliable occupancy and rental income. The property's location offers residents proximity to established healthcare facilities, manufacturing employment centers, and retail corridors, while maintaining the neighborhood character that attracts long-term tenants. Recent infrastructure investments and transit improvements have enhanced Lynwood's appeal to both residents and investors, positioning the area for continued growth as Los Angeles County addresses its critical housing shortage.
This home located at 3161 Euclid Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $2,100,000. It has 15 beds and 8 bathrooms. The property was built in 1958. 3161 Euclid Ave is in the Lynwood community of County.
Quick Facts
- 8 days on market
- Built in 1958
- Total parking spaces 7Car
- Parking Space
- Community | Lynwood
- MLS# | 25620523
Features
- None Cooling
- Wall Gas, Wall Heat
- Mixed Floors
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