CA > Lynwood
Lynwood, CA 90262,3130 Euclid AVE
Lynwood, CA 90262,3130 Euclid AVE
Lynwood, CA 90262,3130 Euclid AVE
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$10,000,000
Est. payment /mo
1 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25144612

HOA Y/N No

Year Built 1963

Lot Size 1.000 Acres

Property Sub-Type Apartment

Property Description

Pleased to present the Euclid Manor apartments, a rare opportunity to purchase a 51-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath, 2-Bedroom/2-Bath and 3-Bedroom/2-Bath units. Unit amenities include large floorplans, garages, 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 Euclid Manor apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 51.0

Garage Description 51.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 51

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 6176003030

Energy Description 20292.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Doug Rodermund Morgan Skenderian dsr@morganskenderian.com
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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