Refine Search
Sort by
$5,000,000
PW26137735 MLS Active Status
We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building. The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, which permits annual increases of up to 8.7% (effective August 1, 2026). Centrally located in Lynwood just two blocks from Janie Abbott Elementary School and adjacent to an established single-family neighborhood. Additionally, the property is two minutes away from the 710 and 105 freeways, making this a great commuter location for tenants.

12424 Atlantic, Lynwood

$1,399,000
DW26088669 MLS Active Status
5-UNIT INCOME PROPERTY | FULLY UPDATED | PERMITTED 2-BED ADU | STRONG CASH FLOW | PRIME LYNWOOD LOCATION. Welcome to 11171 Bullis — a rare opportunity to acquire a fully updated 5-unit income property in the heart of Lynwood. This well-maintained asset includes a fully permitted 2-bedroom ADU, providing additional rental income and long-term value. All units have been recently updated, offering modern finishes and making them long term tenant occupied, which allows for immediate income with minimal maintenance. The property is currently generating strong rental income, making it ideal for investors seeking a stabilized asset with reliable cash flow and future upside. Located in the Lynwood, the property benefits from convenient access to local amenities, schools, and major transportation corridors. Nearby Lynwood Park offers outdoor space for residents, while St. Francis Medical Center provides close healthcare access. Easy access to the 105 and 710 freeways ensures connectivity throughout Los Angeles County. This is a turnkey investment opportunity featuring 5 income-producing units including a permitted ADU, perfect for investors looking to maximize returns in a high-demand rental market.

11171 Bullis, Lynwood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.