MarketPier

4300 Martin Luther King Jr Blvd Boulevard - Lynwood, CA 90262

$1,190,000
Listing Description

Fully remodeled 4 Unit property! Each 2 bedroom/1 bath unit has all new flooring and new paint throughout. Fantastic eat-in kitchen with all new cabinets, fixtures, counters, new stainless steel sink, gas stove, hood vent plus washer and dryer. One car garage per unit. Easy access from 105 Fwy and 710 Fwy. Close proximity to the up & coming neighborhood & entertainment, schools, shopping and freeways all a hop and a skip away! Hurry this will not last long. 13; Fully occupied! 13; Income $1900 per unit Total: $7660 monthly 13; Expenses: Water/trash $500 Monthly 13; Insurance: $1400 annual 13; Cap Rate: 5.84%

Listing Information
MLS Number
DW18280569
APN/Parcel ID
6189003028
Type
Multifamily
Sub Type
Multifamily
Building Size
3,200 sqft
Lot Size
4,379 sqft
Price / SQFT
$372
No Units
4
Price / Unit
$297,500
Gross Scheduled Income
$91,200
Expenses
$7,200
Total Expenses
$22,400
Net Income
$84,000
Listing Date
1/10/2019
Days Active
73
Last Updated
3/25/2019
Listing Provided By
Adrian Yun
Kim Real Estate
BRE# 02036957

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