See all 5 photos
$900,000
Est. payment /mo
5 Beds
9,094 Sqft Lot
Pending
11460 Copeland Street Lynwood, CA 90262
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UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC25072693
Bedrooms 5
Lot Size 9,094 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464 Copeland! 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, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All 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
Zoning Public Rec
Direction exit the 105 at Long Beach Blvd and turn R, R on Mulford, R on California (becomes Fernwood), L on Copeland - a very short, tree
Interior
Heating Radiant
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6173006006
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange

Listed by Maggie Ureno Martie Etheridge, Broker
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