NOT LISTED FOR SALE

10735 Barlow Ave Lynwood, CA 90262

5 Beds
5 Baths
2,743 Sq Ft
8,489 Sq Ft Lot

Last Sold December 11, 2015

Last sale price $513,700 $187 Per Sq Ft

105 Days on Market

About This Home

As of December 2015

Unique opportunity to own a portfolio of six ADJACENT properties in Lynwood. This portfolio must be purchased together as a group- no property will be sold individually. The properties are conveniently located immediately south of Century/MLK Blvd between State Street and Long Beach Blvd., minutes from the 105, 605 and 110 freeways and convenient shopping and restaurants at the popular Plaza Mexico. The portfolio has a great unit mix and consists of the following, ADJACENT properties: a nine (9) unit building at 10739 Barlow Ave (MLS# SB15186029), an eight (8) unit building at 10731 Barlow Ave (MLS# SB15186017), a six (6) unit building at 10727 Barlow Ave (MLS# SB15186015), a five (5) unit building at 10735 Barlow Ave (MLS# SB15186024), a four bedroom/two bath single family residence at 10728 State St (MLS# SB15186011), and a two bedroom/one bath single family residence at 10724 State St (MLS# SB15186010). The units for all buildings and houses are rented. This is a value add opportunity with current rents below market. Drive by only, do not disturb tenants or walk on property. Make offers for the entire portfolio subject to inspection. Submit valid, current proof of funds. Inspection will be scheduled for fully qualified offers only.

Last Agent to Sell the Property

Joseph Franklin

Keller Williams Beach Cities License #01936986 Listed on: 06/26/2015

Last Buyer's Agent

Joseph Franklin

Keller Williams Beach Cities License #01936986 Listed on: 06/26/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,489 Sq Ft Lot
  • No Common Walls

Parking

  • 10 Parking Spaces

Home Design

  • 2,743 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 5259
  • Assessor Parcel Number 6170032019

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,930
  • Net Operating Income $22,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6170032019
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 187.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 8489.00
  • Price Per Lot Square Foot: 60.51
  • Lot Size Acres: 0.1950

Multi Family

  • Gross Income: 3930.00
  • Gross Scheduled Income: 47160.00
  • Lot Size Area: 8489.0000 Square Feet
  • Net Operating Income: 22302.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 22500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 85
  • Tax Tract Number: 5259

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $513,700 +3.8% $187 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $495,000 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15186024

California Regional Multiple Listing Service (CRMLS)