3364 Elizabeth Ave Lynwood, CA 90262
Estimated payment $11,212/month
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
Century 21 Jervis & Associates Brokerage Phone: 562-244-3897 License #01943432 Listed on: 06/22/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: DW25140234
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Ask me questions while you tour the home.