Jeremiah Moersch REALTOR®
Office: 760-533-2540
12240 Santa Fe Avenue, Lynwood
$1,250,000
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6 Beds
6 Baths
.17 Acre
5 Garages
We are pleased to present 12240 Santa Fe Ave, a six unit apartment building to market in Lynwood, CA. Santa Fe Ave consists of six one bed/one bath units that are approximately 600 square feet each on a 7,316 square foot lot that includes a five car garage in the rear of the property. The property has undergone extensive exterior renovation including a newer roof on the main main structure and garage, new exterior paint, new vinyl double pane windows, new garage doors, and mini split conditioners for all the units. One of the units has been fully renovated as well with vinyl plank floors, new bathroom, and a new kitchen. The property is separately metered for electric and gas. With rents 40% below market, this property offers significant upside in rental income with most of the capital improvements already completed.
Essential Information
- MLS® #
- PW24076143
- Price
- $1,250,000
- Bedrooms
- 6
- Bathrooms
- 6.00
- Acres
- 0.17
- Year Built
- 1949
- Type
- Residential Income
- Sub-Type
- Apartment
- Status
- Active
Community Information
- Address
- 12240 Santa Fe Avenue
- Area
- RM - Lynwood
- City
- Lynwood
- County
- Los Angeles
- Zip Code
- 90262
- Community Features
- Urban
- Senior Community
- N
Amenities
- Parking Spaces
- 5
- # of Garages
- 5
- Pool
- None
Interior
- # of Stories
- 2
- Stories
- Two
Exterior
- Lot Description
- Yard
Additional Information
- Date Listed
- April 15th, 2024
- Days on Market
- 18
- Zoning
- LYR3YY
Listing Details
- Agent
- Jackson Jorgensen
- Office
- Younglewin Advisors, Inc.
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 4:15pm 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.