11464 Copeland Street, Lynwood

$899,000

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8 Beds
4 Baths
.21 Acre
0 Garage

Legacy units have not been on the market since 1977! Over 9100 SQFT OF LAND in great residential neighborhood near freeway and shopping. Property is a single story craftsman SFR in front, another single story detached behind that, and then a single story duplex behind with a long driveway and yard. Plus: attached to the duplex are 4 garages facing the alley not included in tenant's rents so available to lease out! Each unit is 2 bedrooms and 1 bath and price reflects all in fixer condition. Here's your chance to own like a legacy investor and earn some sweat equity. or Looking for a detached home to buy and live in? Why not get this one with 3 more units for income?! There is an opportunity to clean up and update these units and get this bargain to yield a great upside month after month. Please confirm with City of Lynwood that with approved permits for substantial renovation, City may approve 60 days' notice and only ONE month's rent relocation assistance for tenants!

Essential Information

MLS® #
OC22198409
Price
$899,000
Bedrooms
8
Bathrooms
4.00
Acres
0.21
Year Built
1910
Type
Residential Income
Sub-Type
Quadruplex
Status
Active Under Contract

Community Information

Address
11464 Copeland Street
Area
RM - Lynwood
City
Lynwood
County
Los Angeles
Zip Code
90262
Senior Community
N

Community Features

Sidewalks, Street Lights, Suburban

Amenities

Parking Spaces
8
Parking
Driveway
Garages
Driveway
Pool
None

Exterior

Lot Description
Rectangular Lot, Trees

Additional Information

Date Listed
October 16th, 2022
Days on Market
563
Zoning
LYR3YY

Listing Details

Agent
Maggie Ureno
Office
RE/MAX Select One
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $998,000 to $899,000
Price Reduced from $999,000 to $998,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Show All History (10)

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Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 2:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.