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11184 California Avenue

Lynwood, CA 90262
  • $495,000
  • STATUS: Pending
  • ON SITE: 21 Days
  • ID#: 22154163
Pending
UPDATED: 70 min ago
$495,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Listing Agent(s): Daniel Hirth of Kw Advisors (310-482-2200)


Description

11184 California Avenue is part of the McCormick Ambulance real estate portfolio, a well-positioned and unique real estate opportunity. The portfolio consists of a diverse mix of three (3) properties, including a single-family residence, a mixed-use residential/retail property, and a duplex. All three properties are currently on month-to-month leases with American Medical Response Group, a transportation ambulance company. AMR would like to execute a new lease. The properties will be sold "as-is", with AMR on month-to-month leases for all three assets. All in all, this is a great opportunity to acquire three assets in different locations with a blended cap rate of 6.23% (assuming owner signs new lease with AMR.) 11184 California Avenue, Lynwood CA 90262, is a 2bd + 1ba single-family residence consisting of approximately 720 SF of building on an approximate 4,253 SF lot. The subject property features a large parking lot behind the house that can park up to 8 vehicles. The subject property is currently used as office space and parking for American Medical Response Group, whom is on a month-to-month lease. Tenant has expressed desire to execute a new lease.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T17:30:36.86. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128457717
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11184 California Avenue Lynwood, CA 90262

  • Price: $495,000
  • Status: Pending
  • On Site: 21 Days
  • Updated: 70 min ago
  • ID#: 22154163
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1930
Built
Neighborhood:
RM - Lynwood
County:
Los Angeles
Area:
RM - Lynwood
Property Description
11184 California Avenue is part of the McCormick Ambulance real estate portfolio, a well-positioned and unique real estate opportunity. The portfolio consists of a diverse mix of three (3) properties, including a single-family residence, a mixed-use residential/retail property, and a duplex. All three properties are currently on month-to-month leases with American Medical Response Group, a transportation ambulance company. AMR would like to execute a new lease. The properties will be sold "as-is", with AMR on month-to-month leases for all three assets. All in all, this is a great opportunity to acquire three assets in different locations with a blended cap rate of 6.23% (assuming owner signs new lease with AMR.) 11184 California Avenue, Lynwood CA 90262, is a 2bd + 1ba single-family residence consisting of approximately 720 SF of building on an approximate 4,253 SF lot. The subject property features a large parking lot behind the house that can park up to 8 vehicles. The subject property is currently used as office space and parking for American Medical Response Group, whom is on a month-to-month lease. Tenant has expressed desire to execute a new lease.
Exterior Features

Parking Features GatedPrivateOne SpaceUncovered Parking Total 0

Property Features

Association Fee 0 Gross Income 0 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lyc2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T17:30:36.86. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Daniel Hirth of Kw Advisors (310-482-2200)