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$500,000 / 3br - 1120ft2 - Off-Market Lynwood Duplex – Investor Opportunity (Lynwood)
Oak St, Lynwood, CA 90262
Oak St
3BR / 2Ba
1120ft2
license info:
DRE 02211699 | Brokerage 02001938
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Price: $500,000
Cheapest multifamily property of any kind in Lynwood in over 2 years. Property sits on a 6,100+ sq ft LYR3YY zoned lot with tons of potential for development, fix and flip, or buy and hold.
Currently composed of:
• Unit 1: 1 bed / 1 bath (~430 sq ft)
• Unit 2: 2 bed / 1 bath (~690 sq ft)
Needs rehab. Occupied and will be delivered with the current occupant in place. Buyer responsible for relocation after closing.
Comps show similar “as-is” multifamily properties selling well into the $700s, and smaller SFRs in the area are trading north of $700K.
Multiple plays:
• Add units or develop under R3 zoning
• Fix and flip outdated units
• Buy and hold for long-term cash flow
Clear title. Direct to seller. Fast close available.
Call or text Fredy for details:
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DRE 02211699 | Brokerage 02001938