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$1,000,000

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9,112 Sqft Lot

Active

11464 Copeland ST Lynwood, CA 90262

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Patrick Fossati

RE/MAX Gold Coast REALTORS

patrick@fossatigrp.com +1(805) 910-0463

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25076542

Construction Status Fixer,Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1910

Lot Size 9,112 Sqft

Property Sub-Type Quadruplex

Property Description

BREAKING NEWS: NOW AVAILABLE UNBUNDLED FROM 11460!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, this is OVEF 9100 SQFT OF LAND in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms 1 bath and a fenced yard, ANOTHER detached SFR (legally converted garage) with its own fenced yard, and then a THIRD building which is a DUPLEX of two spacious 2-bedroom 1-bath units WITH FOUR 1-CAR GARAGES attached to the duplex facing the alley!! There is also a shed structure in tear-down condition. The units in the duplex have both been freshened with new paint, new flooring throughout, new raised panel doors, new kitchen counter/sink/faucet and one of them even got a brand new kitchen cabinet. The bathroom and the other two units are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Rooms

Other Rooms Shed(s)

Interior

Interior Features Unfurnished, Bedroom on Main Level

Heating Radiant, Wall Furnace

Cooling None

Flooring Carpet, See Remarks, Vinyl

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry None

Exterior

Parking Features Concrete, Driveway Level, Driveway, Garage, Garage Faces Rear, RV Potential, Side By Side

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Fair Condition, Wood

Pool None

Community Features Curbs, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Accessibility Accessible Entrance

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard

Faces West

Story 1

Entry Level One

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Fixer,Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 6173006007

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard, Trust

Listed by Maggie Ureno • Marthanne Etheridge, Broker • 714-962-4443

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Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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11464 Copeland ST Lynwood, CA 90262

Patrick Fossati

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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11464 Copeland ST