Seller's Agent in 2015
Jerome McAlpin
McAlpin & Company
(310) 902-8977
30 Total Sales
48
Beds
4
Baths
21,922
Sq Ft
43,668
Sq Ft Lot
About This Home
As of July 2015We are pleased to present this 40 unit apartment complex in the City of Lynwood. The site consists of two parcels 6168-013-013 and 6018-013-015 with over 43,000 square feet. It is located between Santa Fe and Long Beach Boulevard, very close to the 105 freeway. There are two 20 unit buildings with sixteen one bedrooms and four two bedrooms in each. The structures were built in 1963 and contain approximately 21,922 total square feet. Tenants enjoy plenty of parking with a mixture open and carport spaces. The units are conveniently located near the 110, 105 and 605 freeways providing easy access to multiple job centers. The CAP rate on this deal is 6.1 with a 10.7 GRM and there is no rent control. At full price, cash on cash return is 7.66%. Please do not walk on property or disturb tenants. Make all offers subject to inspection.
Last Agent to Sell the Property
McAlpin & Company License #00939725 Listed on: 03/25/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 1
Home Design
- 21,922 Sq Ft Home
Parking
- 2 Car Garage
- Carport
- Uncovered Parking
Utilities
- Heating System Mounted To A Wall or Window
- Cable TV Available
Additional Features
- 48 Bedrooms
- 1 Acre Lot
Community Details
- 2 Buildings
- 40 Units
Listing and Financial Details
- Assessor Parcel Number 6168-013-013
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2015 07/02/15 | Sold | $5,080,000 | -2.0% | $232 / Sq Ft |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- |
| 03/25/2015 03/25/15 | For Sale | $5,185,000 | -- | $237 / Sq Ft |
Source: The MLS
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 | $43,314 | $3,006,837 | $1,598,122 | $1,408,715 |
| 2024 | $43,314 | $2,947,881 | $1,566,787 | $1,381,094 |
| 2023 | $42,990 | $2,890,080 | $1,536,066 | $1,354,014 |
| 2022 | $41,467 | $2,833,413 | $1,505,948 | $1,327,465 |
| 2021 | $39,932 | $2,777,857 | $1,476,420 | $1,301,437 |
| 2019 | $40,893 | $2,698,467 | $1,432,630 | $1,265,837 |
| 2018 | $37,930 | $2,645,616 | $1,404,540 | $1,241,076 |
| 2016 | $35,318 | $2,540,000 | $1,350,000 | $1,190,000 |
| 2015 | $22,485 | $1,529,970 | $815,984 | $713,986 |
| 2014 | -- | $1,500,000 | $800,000 | $700,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jerome McAlpin
-
Enedina Sanchez
E
Buyer's Agent in 2015
Enedina Sanchez
McAlpin & Company
(310) 734-7860
6 Total Sales
Source: The MLS
MLS Number: 15-890353
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© 2026 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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