Lynwood, CA 90262,3189 Euclid AVE
Lynwood, CA 90262,3189 Euclid AVE
Lynwood, CA 90262,3189 Euclid AVE
6
$7,150,000
$7,500,000
4.7%
Est.Price: ?

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0.92 Acres Lot

3189 Euclid AVE Lynwood, CA 90262

Est. payment /mo
SOLD DATE : 08/19/2025

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $7,150,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25113868

Year Built 1959

Annual Tax Amount $108,832

Lot Size 0.924 Acres

Property Sub-Type Apartment

Property Description

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking.

Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property's ideal central location (30 minutes or less median travel time to work) and the city's renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LYR3YY

Interior

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Building

Lot Description Lot Over 40000 Sqft

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Doug Rodermund Morgan Skenderian dsr@morganskenderian.com
Bought with Doug Rodermund Morgan Skenderian

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agent

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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