11464 Copeland Street Active

Lynwood,CA 90262

$ 1000000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25076542

Bedrooms 6

HOA Y/N No

Lot Size 9,112 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

BREAKING NEWS: NOW AVAILABLE UNBUNDLED FROM 11460!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, this is OVEF 9100 SQFT OF LAND in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms 1 bath and a fenced yard, ANOTHER detached SFR (legally converted garage) with its own fenced yard, and then a THIRD building which is a DUPLEX of two spacious 2-bedroom 1-bath units WITH FOUR 1-CAR GARAGES attached to the duplex facing the alley!! There is also a shed structure in tear-down condition. The units in the duplex have both been freshened with new paint, new flooring throughout, new raised panel doors, new kitchen counter/sink/faucet and one of them even got a brand new kitchen cabinet. The bathroom and the other two units are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.
BREAKING NEWS: NOW AVAILABLE UNBUNDLED FROM 11460!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, this is OVEF 9100 SQFT OF LAND in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms 1 bath and a fenced yard, ANOTHER detached SFR (legally converted garage) with its own fenced yard, and then a THIRD building which is a DUPLEX of two spacious 2-bedroom 1-bath units WITH FOUR 1-CAR GARAGES attached to the duplex facing the alley!! There is also a shed structure in tear-down condition. The units in the duplex have both been freshened with new paint, new flooring throughout, new raised panel doors, new kitchen counter/sink/faucet and one of them even got a brand new kitchen cabinet. The bathroom and the other two units are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.

Location

State CA

County Los Angeles

Area Lynwood (90262)

Zoning Assessor

Interior

Appliance Radiant

Exterior

Exterior Feature Wood

Building

Lot Description Curbs,Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Miscellaneous Value in Land

Acceptable Financing Cash,Conventional,Exchange

Space Rent $1,795

Listing Terms Cash,Conventional,Exchange

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