An outstanding investment opportunity, this mixed-use property is located on bustling Long Beach Blvd, just off the 105 freeway, in the heart of Lynwood. Zoned LYC2A, the property sits on a 6,000 sq ft lot and boasts a 5,500 sq ft building, offering a dynamic combination of commercial and residential spaces. With two storefronts, residential living quarters, and two warehouses, this property is perfectly suited for a variety of business and investment purposes. Seven gated parking spaces ensure secure access for tenants and customers, and its strategic location near a busy shopping center and metro lines offers unmatched visibility and accessibility in this densely trafficked corridor. Whether for an owner-user or a savvy investor, this property presents tremendous potential in one of Lynwood's most sought-after areas! Buyer to cooperate with seller's 1031 exchange at no cost to them. Jozef Ashouri is a member of the seller's LLC.
MLS # | 24454225 |
---|---|
Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1945 |
Days On Site | 245 |
Listing Provided By | Keller Williams Realty Westside | Jozef Ashouri |
SQ Feet | 3,688 |
---|---|
Story(s) | 2 |
Units | 5 |
Building(s) | 2 |
Zoning | LYC2A* |
Acreage | 0.14 |
Heating | Electric |
---|---|
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Roof | Flat |
---|---|
Security Features | Gated Community, Smoke Detectors |
Construction Materials | Concrete, Stucco |
Lot Features | Near Park, Near Public Transit |
Utilities | Natural Gas Available |
---|---|
Electric | Heavy |
Community Features | Gated, Park |
---|
State | CA |
---|---|
County | Los Angeles |
City | Lynwood |
Zip Code | 90262 |
Area | RM Lynwood |
Listing VS Median (in 90262) | |
Price: $1,399,000 low | high Med: $1,100,000 SqFt: 3,688 low | high Med: 3,600 $ / SqFt: $379 low | high Med: $306 On site: 245 low | high Med: 121.000000 |