Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 7.0% Cap Rate & 8.94 GRM on Current Rents
  • Majority 2-Bedroom Units
  • 14 Units and 8 Units on Adjacent Parcels
  • Completely Renovated, Pride of Ownership Property
  • Excellent Rental Location on Residential Street
  • Not Subject to Municipal Rent Control

Executive Summary

Morgan Skenderian is proud to present the Palm Villa Apartments in Lynwood, California. The property is a prime pride of ownership investment opportunity located on a quiet residential street in one of the best pockets to own apartments in the entire region. Offered for sale for the first time in 44 years, Palm Villa has been modernly renovated inside and out and offers lush landscaping and quiet enjoyment for tenants throughout its spacious grounds. The units all offer large floorplans with private patios and balconies. The Palm Villa Apartments stands out as the most luxurious and appealing apartment community in Lynwood.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $852,762 $48.35
Other Income $10,748 $0.61
Vacancy Loss $25,905 $1.47
Effective Gross Income $837,605 $47.49
Taxes $110,438 $6.26
Operating Expenses $190,073 $10.78
Total Expenses $300,511 $17.04
Net Operating Income $537,093 $30.45

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $852,762
Annual Per SF $48.35
Other Income (CAD)
Annual $10,748
Annual Per SF $0.61
Vacancy Loss (CAD)
Annual $25,905
Annual Per SF $1.47
Effective Gross Income (CAD)
Annual $837,605
Annual Per SF $47.49
Taxes (CAD)
Annual $110,438
Annual Per SF $6.26
Operating Expenses (CAD)
Annual $190,073
Annual Per SF $10.78
Total Expenses (CAD)
Annual $300,511
Annual Per SF $17.04
Net Operating Income (CAD)
Annual $537,093
Annual Per SF $30.45

Property Facts

Price $7,716,800 CAD
Price Per Unit $350,764 CAD
Sale Type Investment
Cap Rate 7%
Gross Rent Multiplier 8.94
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.65 AC
Building Size 17,637 SF
No. Stories 2
Year Built 1961
Opportunity Zone Yes

Amenities

Unit Amenities

  • Balcony
  • Granite Countertops
  • Range
  • Views
  • Patio

Site Amenities

  • Laundry Facilities
  • Pool
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $2,912 CAD -
2+1 12 $3,495 CAD -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6191-010-003
  • 6191-010-004
Land Assessment
$155,588 CAD
Improvements Assessment
$588,536 CAD
Total Assessment
$744,124 CAD
Annual Taxes
$110,438 CAD ($6.26 CAD/SF)
Tax Year
2025
  • Listing ID: 41191831

  • Date on Market: 2026-07-07

  • Last Updated:

  • Address: 3546 Los Flores Blvd, Lynwood, CA 90262

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}