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3580 Beechwood Ave 4 Unit Apartment Building $1,175,881 CAD ($293,970 CAD/Unit) 4.25% Cap Rate Lynwood, CA 90262
INVESTMENT HIGHLIGHTS
- Single Story Four Plex in Lynwood located down the street from St. Francis Medical Center
- Current rents are 30% below market rate - substantial upside in income
- Property is situated on a large 7,722 square foot lot - opportunity to build up to 4 ADU's in the rear of the lot utilizing AB-1211
- Front Unit is currently vacant - owner user opportunity
- Lynwood does not have municipal rent control- under AB-1482 allowing for higher rent increases
- Four covered parking spaces in the rear carport plus additional parking on the property for tenants
EXECUTIVE SUMMARY
Young Lewin Advisors is pleased to present 3580 Beechwood Ave, a single-story four-unit apartment in the city of Lynwood to market. Ideally located just down the street from St. Francis Medical Center, the asset features a desirable unit mix with the front unit currently delivered vacant—providing an opportunity for an owner-user or immediate lease-up at market rent. The property sits on a large 7,722 square foot lot with four covered parking spaces in the rear carport and additional on-site parking for tenants.
Current rents are approximately 30% below market rate, offering substantial upside in future rental income for a new investor. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Further enhancing the value, the expansive lot provides the potential to construct up to four ADUs in the rear utilizing SB-1211.
Current rents are approximately 30% below market rate, offering substantial upside in future rental income for a new investor. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Further enhancing the value, the expansive lot provides the potential to construct up to four ADUs in the rear utilizing SB-1211.
PROPERTY FACTS
| Price | $1,175,881 CAD | Property Subtype | Apartment |
| Price Per Unit | $293,970 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.25% | Building Size | 2,160 SF |
| Gross Rent Multiplier | 12.83 | No. Stories | 1 |
| No. Units | 4 | Year Built | 1949 |
| Property Type | Multifamily | ||
| Zoning | LYR3YY - Multi-Family Residential | ||
| Price | $1,175,881 CAD |
| Price Per Unit | $293,970 CAD |
| Sale Type | Investment |
| Cap Rate | 4.25% |
| Gross Rent Multiplier | 12.83 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,160 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | LYR3YY - Multi-Family Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,989 CAD | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 6173-011-007 | Improvements Assessment | $456,033 CAD |
| Land Assessment | $774,960 CAD | Total Assessment | $1,230,993 CAD |
PROPERTY TAXES
Parcel Number
6173-011-007
Land Assessment
$774,960 CAD
Improvements Assessment
$456,033 CAD
Total Assessment
$1,230,993 CAD
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3580 Beechwood Ave
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