$1,000,000
Accepting Backup Offers

11464 Copeland Street

Lynwood, CA 90262
0.21 acres | #OC24235297
Listing OfficeRE/MAX Select One
Browse 52 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

On a beautiful tree-lined street with other pride of ownership SFRs and multi-family dwellings are 2 adjacent lots: 11460 and 11464 Copeland that seller desires to sell together. This second of the two lots (11464) is over 9000 sqft of land with a detached 2-bedroom home in the front and a long driveway for lots of parking. The detached home has a fenced yard. Next on this lot is a second detached home with 2 bedrooms and 1 bath. Finally in the back of the lot is a duplex of two 2-bedroom 1-bath units, and attached to those units are four garages that face the alley. All these four 2- bedrooms are on a single level, with only 1 occupied and two freshly painted with new flooring and new toilets. One even has a new kitchen cabinet and countertop! This property is being sold as-is but is the perfect opportunity for an investor to get into this area for an affordable price, then occupy one while doing upgrades on the rest! Please remember seller's preference is to sell these parcels together but could split them up for the right price.

  • Property Details
      • Lot DescriptionBackYard, FrontYard, Level, NearPublicTransit, RectangularLot, StreetLevel, Trees
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #OC24235297
      • Property SubtypeQuadruplex
      • MLS #OC24235297
      • Original List Price$950,000
      • Cost1000000
      • Acres0.2092
      • Utility SourcePublic
      • Year Built1910
      • Stories2
      • Parking Spaces4

Location

Nicole StoberReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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