Lynwood, CA 90262,11184 CALIFORNIA AVE
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Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE
Lynwood, CA 90262,11184 CALIFORNIA AVE

$450,000

Est. payment /mo

$495,000

9.1%
Est.Price: ?

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11184 CALIFORNIA AVE Lynwood, CA 90262

4,251 Sqft Lot

SOLD DATE : 06/15/2022

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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California Regional MLS (CRMLS)
Listed by Daniel Hirth • KW Advisors
Bought with Daniel Hirth • KW Advisors

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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