Views
Address
5221 Elmwood Avenue Lynwood, CA
Price
$ 2,399,950
Property Attributes
- MLS#20643700
- TypeIncome
- CountyLOS ANGELES
- CityLynwood
- AreaLynwood
- Zip90262
- StyleBungalow
- Price$ 2,399,950
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Lot Size0.38 Acres
Listing Provided Courtesy Of:
L.J Mismas with Westside Pacific Estates Inc.
Data Source:
CLAW
Property Description
Non-Rent Controlled, located on a quiet residential block E of Atlantic Ave. and S of Imperial Hwy. One-story building, adjacent alley, (6) apartment units. Great unit mix, (4) three-bedroom and (2) two-bedroom units. Remodeled bright and spacious units that average over 800 SF. ***Potential to add additional Accessory Dwelling Units (ADU) (+/-1,772 SF) and potential to convert into an ADA Accessible Senior Housing community. Well-maintained property; upgraded electrical, copper plumbing, in-unit laundry, artificial No maintenance faux-grass throughout and fully fenced and gated. Garage spaces for each unit, plus open driveway, and alley parking. 5221 Elmwood Ave. presents a significant value-add opportunity to investors, as current rents are below market value for these nicely remodeled units in the area. PLEASE DO NOT WALK ON PROPERTY, DO NOT DISTURB OCCUPANTS, CONFIDENTIAL SALE
| Price History | |
|---|---|
| 10/8/2020 | Listed $2,499,950 |
| 2/6/2021 | 5% - $2,399,950 |
General Features
| Accessibility | Safe Emergency Egress from Home, No Stairs |
|---|---|
| Architectural Style | Bungalow |
| Community Features | Gated |
| Cooling | Gas |
| Facing Direction | South |
| Garage Spaces | 12 |
| Garage Y/N | Yes |
| Heating | Forced Air |
| MLS Area | RM - Lynwood |
| Parking Features | Assigned, Direct Access, Garage |
| Property Type | Residential Income |
| PropertyCondition | Updated/Remodeled |
| Security Features | Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s) |
| Sewer | Other |
| Total Units | 6 |
| View | Courtyard |
| Zoning | LYR3YY |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Window Features | Double Pane Windows |
Exterior Features
| Lot Features | Back Yard, Front Yard, Landscaped |
|---|---|
| Lot Size Acres | 0.38 |
| Lot Size Area | 16872 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 16872 |
| Lot Size Units | Square Feet |
| Number of Buildings | 6 |
| Total Parking | 12 |
| View Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90262
Price
Visits
Year Built
Walkscore
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
