Log In/Sign Up
Your email has been sent.
3364 Elizabeth Ave 8 Unit Apartment Building $2,746,396 CAD ($343,299 CAD/Unit) 6.86% Cap Rate Lynwood, CA 90262
Investment Highlights
- New Roof!
- All New Electrical Meters and Panels!
Executive Summary
Knock, Knock! Cash Cow at the door! Your next Investment Opportunity is Knocking! Unlock the potential of this fantastic opportunity to own a well-maintained apartment building in the vibrant City of Lynwood. This building has been remodeled, upgraded, and professionally managed for over 15 years. Recent upgrades include All New Roof-All New Exterior Main Electrical Panels-All New Interior Sub-panels. The unit mix consists of six 2 Beds 1 Bath and two 1 bed 1 bath. Lynwood is a thriving community with a strong rental market and no local municipal rent control. This is a great addition to any real estate portfolio. Answer when Opportunities are Knocking!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$260,664
|
$25.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$260,664
|
$25.82
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$78,199
|
$7.75
|
| Net Operating Income |
$182,465
|
$18.07
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $260,664 |
| Annual Per SF | $25.82 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $260,664 |
| Annual Per SF | $25.82 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $78,199 |
| Annual Per SF | $7.75 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $182,465 |
| Annual Per SF | $18.07 |
Property Facts In Escrow
| Price | $2,746,396 CAD | Building Class | C |
| Price Per Unit | $343,299 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 10,096 SF |
| Cap Rate | 6.86% | Average Occupancy | 97% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R3YY, Lynwood - Residential | ||
| Price | $2,746,396 CAD |
| Price Per Unit | $343,299 CAD |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 10,096 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3YY, Lynwood - Residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 6 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 6191-005-013 | Improvements Assessment | $644,473 CAD |
| Land Assessment | $342,366 CAD | Total Assessment | $986,839 CAD |
Property Taxes
Parcel Number
6191-005-013
Land Assessment
$342,366 CAD
Improvements Assessment
$644,473 CAD
Total Assessment
$986,839 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3364 Elizabeth Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.