About 11230 Louise Avenue
Great opportunity on this 6-unit building consisting of 5 units are 2-bedrooms, 1 bath and the front unit is 4 bedrooms, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. Live in one, rent the others option. This is an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Features of 11230 Louise Avenue
| MLS® # | NP25109602 |
|---|---|
| Price | $1,716,000 |
| Bathrooms | 0.00 |
| Acres | 0.27 |
| Year Built | 1944 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 11230 Louise Avenue |
|---|---|
| Area | RM - Lynwood |
| City | Lynwood |
| County | Los Angeles |
| Zip Code | 90262 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 9 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Combination |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | SixToTenUnitsAcre |
|---|
Additional Information
| Date Listed | May 15th, 2025 |
|---|---|
| Days on Market | 165 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Louis Digonzini |
|---|---|
| Office | eXp Realty of Southern Ca, Inc |