3592 Norton Avenue, Lynwood, CA 90262
3592 Norton Avenue, Lynwood, CA 90262
3592 Norton Avenue, Lynwood, CA 90262
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Desi Reyes • First Team Real Estate
$850,000
Est. payment /mo
2,481 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,481 sqft

Price per Sqft $342

MLS Listing ID PW-26234683

Year Built 1948

Lot Size 8,803 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Excellent opportunity to own a four-unit residential income property in Lynwood. This multifamily property features a desirable unit mix of three one-bedroom one bath units and one two-bedroom one bath unit, offering multiple income streams for investors. The property includes four individual one-car garages providing valuable parking and additional convenience for residents. Each unit is equipped with its own water heater and laundry hookups, desirable features for multifamily living. Two of the unit bathrooms were remodeled last year, offering improvements for tenants and future ownership. The owner currently pays for water and trash, while tenants pay their own gas and electricity. Situated on an approximately 8,803-square-foot lot, the property offers potential for investors seeking to hold an income-producing asset in the Los Angeles County rental market. Lynwood does not have municipal rent control and is governed under AB-1482, allowing for higher allowable rent increases compared to surrounding cities. Explore the possibilities this multifamily property offers for long-term ownership and rental income.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Interior

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplaces Type None

Inclusions Water heaters in each unit

Laundry Gas Dryer Hookup, In Kitchen, Washer Hookup

Exterior

Parking Features Garage - Single Door, Driveway

Garage Spaces 4.0

Pool None

Community Features Sidewalks, Street Lights, Urban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

Building

Lot Description Front Yard, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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3592 Norton Avenue