$1,975,000
PENDING $175K PRICE DROP

3364 Elizabeth Ave Lynwood, CA 90262

Estimated payment $11,212/month

Total Views 16,061
14 Beds
7 Baths
6,072 Sq Ft
$325 Price per Sq Ft

About This Home

Knock, Knock! Cash Cow at the door! Your next Investment Opportunity is Knocking! Unlock the potential of this fantastic opportunity to own a well-maintained apartment building in the vibrant City of Lynwood. This building has been remodeled, upgraded, and professionally managed for over 15 years. Recent upgrades include All New Roof-All New Exterior Main Electrical Panels-All New Interior Sub-panels. The unit mix consists of six 2 Beds 1 Bath and two 1 bed 1 bath. Lynwood is a thriving community with a strong rental market and no local municipal rent control. This is a great addition to any real estate portfolio. Answer when Opportunities are Knocking!

Listing Agent

Yehia Zakaria

Century 21 Jervis & Associates Brokerage Phone: 562-244-3897 License #01943432 Listed on: 06/22/2025

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,317 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 8 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,072 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 2794
  • Assessor Parcel Number 6191005013
  • $2,269 per year additional tax assessments

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $56,347
  • Gross Income $187,824
  • Net Operating Income $131,477

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Zoning: LYR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6191005013
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 325.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9317.00
  • Lot Size Acres: 0.2139

Multi Family

  • Gross Income: 187824.00
  • Gross Scheduled Income: 187824.00
  • Lot Size Area: 9317.0000 Square Feet
  • Net Operating Income: 131477.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 56347.00
  • Rent Control: No
  • Total Expenses: 56347.00

Tax Info

  • Tax Census Tract: 5402.02
  • Tax Lot: 69
  • Tax Tract Number: 2794
  • TaxOtherAnnualAssessmentAmount: 2269.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,469 $709,660 $246,204 $463,456
2024 $11,469 $695,746 $241,377 $454,369
2023 $11,386 $682,105 $236,645 $445,460
2022 $11,013 $668,731 $232,005 $436,726
2021 $10,618 $655,619 $227,456 $428,163
2019 $10,830 $636,374 $220,710 $415,664
2018 $9,992 $623,901 $216,383 $407,518
2016 $9,265 $599,484 $207,982 $391,502
2015 $9,085 $590,480 $204,858 $385,622
2014 $8,923 $578,915 $200,846 $378,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Pending -- -- --
12/11/2025 12/11/25 For Sale $1,975,000 0.0% $325 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
08/29/2025 08/29/25 Price Changed $1,975,000 -8.1% $325 / Sq Ft
06/22/2025 06/22/25 For Sale $2,150,000 -- $354 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25140234

California Regional Multiple Listing Service (CRMLS)
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