11460 Copeland ST, Lynwood, CA 90262 – OC25072693

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25072693

Construction Status Fixer,Repairs Cosmetic,Repairs Major

HOA Y/N No

Year Built 1953

Lot Size 9,095 Sqft

Property Sub-Type Apartment

Property Description

BREAKING NEWS: NOW AVAILABLE TO BE SOLD UNBUNDLED FROM 11464!! Here is a fantastic opportunity for an old fashioned investor to acquire some bread and butter units that will serve his or her portfolio for generations, and to put in some work that could yield a windfall in sweat equity and income for years to come. First of all, there are nearly 9100sqft of land in this parcel, and on it there is a detached, turn-of-the-century craftsman SFR with 2 bedrooms, 1 bath, a 2-car garage and large fenced yard. Behind that is a large lawn common area (possible site for ADU? Check with city!) and finally a building in the back that contains four 1 bedroom 1 bath units (2 up and 2 down) attached to 4 single garages facing the alley behind! All are in dated and needs-work condition, but the upside is palpable, with City of Lynwood offering a smooth path for renovation and redevelopment. Don't live with the regret that you have now looking back on missed opportunities... snatch this one and make it into the units you know will serve you for a lifetime, or possibly produce a well-earned shorter-term gain.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3YY

Interior

Interior Features Bedroom on Main Level,Galley Kitchen

Heating Radiant,Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry None

Exterior

Parking Features Driveway Level,Door-Single,Driveway,Garage Faces Front,Garage,Garage Faces Rear,Side By Side

Garage Spaces 6.0

Garage Description 6.0

Fence Block,Fair Condition,Wood

Pool None

Community Features Curbs,Suburban,Sidewalks

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

View Y/N No

View None

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard,Front Yard,Lawn,Level,Paved,Rectangular Lot,Street Level,Value In Land,Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Fixer,Repairs Cosmetic,Repairs Major

Others

Senior Community No

Tax ID 6173006006

Acceptable Financing Cash,Cash to New Loan,1031 Exchange,Submit,Trust Conveyance

Listing Terms Cash,Cash to New Loan,1031 Exchange,Submit,Trust Conveyance

Special Listing Condition Standard,Trust