3546-3550 Los Flores Boulevard
- 7.0% Cap Rate & 8.94 GRM on Current Rents
- Completely Renovated, Pride of Ownership Property
- Majority 2-Bedroom Units
- Excellent Rental Location on Residential Street
- 14 Units and 8 Units on Adjacent Parcels
- Not Subject to Municipal Rent Control
- First Time on the Market in 44 Years
Property Description
Morgan Skenderian is proud to present the Palm Villa Apartments in Lynwood, California. The property is a prime pride of ownership investment opportunity located on a quiet residential street in one of the best pockets to own apartments in the entire region. Offered for sale for the first time in 44 years, Palm Villa has been modernly renovated inside and out and offers lush landscaping and quiet enjoyment for tenants throughout its spacious grounds. The units all offer large floorplans with private patios and balconies. The Palm Villa Apartments stands out as the most luxurious and appealing apartment community in Lynwood.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,600,000 |
| No. of Units: | 22 |
| Year Built: | 1961 |
| Lot Size: | 0.65 Acres |
| Opportunity Zone: | No |
| Price per unit: | $254,545 |
| Property Website | Click Here |
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Rick Recckio
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Eamonn McConnell
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Lenders
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout