NOT LISTED FOR SALE

3321 Alma Ave Lynwood, CA 90262

18 Beds
2 Baths
8,384 Sq Ft
0.38 Acres

Last Sold April 12, 2016

Last sale price $1,700,000 $203 Per Sq Ft

34 Days on Market

About This Home

As of April 2016

The subject property is a 12-unit garden style apartment building located in the strong rental market of Lynwood. The building features a great unit mix of 1 and 2-bedroom apartments, an open courtyard, on-site laundry, gated carport parking, and updated windows. There is approximately 15% upside in the rents, thus providing a new owner the opportunity to substantially increase cashflow.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 01/13/2016

Remax Commercial and Investment Realty

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 01/13/2016

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.38 Acre Lot

Interior Spaces

  • 8,384 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Parking Spaces
  • Detached Carport Space

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 6191-001-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8384
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 220.66

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 12

Lot Info

  • Assessed Improvement Value: 450062
  • Assessed Land Value: 307250
  • Assessor Parcel Number: 6191-001-022
  • Geocode Override: No
  • Lot Size Area: 16470

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 12
  • Total Annual Expense: 54082
  • Type Of Units: Multi-Family
  • Vacancy Rate: 0

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $1,700,000 -8.1% $203 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $1,850,000 -- $221 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2016

    Nicholas Petrosian

    RE/MAX

    (949) 607-7096

    1 in this area

    50 Total Sales

    Nicholas Petrosian
    Section Image
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Map

Source: The MLS

MLS Number: 16-971519

The MLS
California Los Angeles County Lynwood 90262

3321 Alma Ave, Lynwood, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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