15
See all 15 photos
$2,100,000
Est. payment /mo
15 Beds
8 Baths
6,904 SqFt
New
3161 Euclid AVE Lynwood, CA 90262
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,904 sqft
Price per Sqft $304
MLS Listing ID 25620523
Bedrooms 15
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1958
Property Description
This exceptional 7-unit apartment property offers a rare investment opportunity in the heart of Lynwood, one of Los Angeles County's most strategically positioned submarkets. Situated on an expansive 32,472 square foot lot with coveted R3 multifamily zoning, the property presents immediate rental income alongside transformational development potential rarely found in today's constrained market. The existing improvements, constructed in 1958, have proven their durability through decades of consistent occupancy, while the substantial land holdings provide flexibility for future expansion through traditional development or accessory dwelling units. Located just 18 minutes from the Lynwood Metro C Line station, the property benefits from excellent regional connectivity, providing residents with seamless access to downtown Los Angeles, LAX, and major employment centers throughout the metropolitan area.Lynwood's dynamic rental market demonstrates remarkable strength, with robust year-over-year rent growth significantly outpacing broader Los Angeles County trends. The city's demographic composition, predominantly family-oriented households with an average size exceeding four people, creates consistent demand for quality multifamily housing. This stable tenant base, combined with the area's position as an essential workforce housing market, ensures reliable occupancy and rental income. The property's location offers residents proximity to established healthcare facilities, manufacturing employment centers, and retail corridors, while maintaining the neighborhood character that attracts long-term tenants. Recent infrastructure investments and transit improvements have enhanced Lynwood's appeal to both residents and investors, positioning the area for continued growth as Los Angeles County addresses its critical housing shortage.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features One Space
Community Features Gated
View Y/N No
View None
Total Parking Spaces 7
Building
Faces South
Entry Level One
Sewer Sewer Tap Paid
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 6176002015
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Special Listing Condition Standard
Listed by Francisco Williams Keller Williams Beverly Hills
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