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 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1945 |
Days On Site | 23 |
Listing Provided By | Keller Williams Realty Westside 310-482-2500 | Jozef Ashouri |
SQ Feet | 3,688 |
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Story(s) | 2 |
Units | 5 |
Building(s) | 2 |
Zoning | LYC2A* |
Acreage | 0.14 |
State | CA |
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County | Los Angeles |
City | Lynwood |
Zip Code | 90262 |
Area | RM Lynwood |
Listing VS Median (in 90262) | |
Price: $1,399,000 low | high Med: $750,000 SqFt: 3,688 low | high Med: 2,374 $ / SqFt: $379 low | high Med: $316 On Site: 23 low | high Med: 285.000000 |