$450,000
$495,000
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11184 CALIFORNIA AVE Lynwood, CA 90262
4,251 Sqft Lot
Key Details
Sold Price $450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22154163
Sold Date 06/15/22
HOA Y/N No
Year Built 1930
Lot Size 4,251 Sqft
Property Description
11184 California Avenue is part of the McCormick Ambulance real estate portfolio, a well-positioned and unique real estate opportunity. The portfolio consists of a diverse mix of three (3) properties, including a single-family residence, a mixed-use residential/retail property, and a duplex. All three properties are currently on month-to-month leases with American Medical Response Group, a transportation ambulance company. AMR would like to execute a new lease. The properties will be sold "as-is", with AMR on month-to-month leases for all three assets. All in all, this is a great opportunity to acquire three assets in different locations with a blended cap rate of 6.23% (assuming owner signs new lease with AMR.) 11184 California Avenue, Lynwood CA 90262, is a 2bd + 1ba single-family residence consisting of approximately 720 SF of building on an approximate 4,253 SF lot. The subject property features a large parking lot behind the house that can park up to 8 vehicles. The subject property is currently used as office space and parking for American Medical Response Group, whom is on a month-to-month lease. Tenant has expressed desire to execute a new lease.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYC2*
Interior
Fireplace No
Exterior
Garage Gated, Private, One Space, Uncovered
Parking Type Gated, Private, One Space, Uncovered
Building
New Construction No
Others
Senior Community No
Tax ID 6173013009
Special Listing Condition Standard
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Bought with Daniel Hirth • KW Advisors