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$1,450,000
Est. payment /mo
6,311 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26088669
HOA Y/N No
Year Built 1951
Lot Size 6,311 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Heating Ductless
Cooling Ductless
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6173020007
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Ixbalanque Garcia Won Suk Kim Real Estate, Inc. 323-202-5885, DRE #02035537
Nearby Locations
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