$5,000,000

Multi Family In Lynwood

  • 3 Beds
  • 3 Baths
  • 23,976 Sqft lot
  • Updated: June 24
  • Source:
    San Diego MLS  MLS#PW26137735

About the Property

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
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.
  • Property type

    Other

  • Floors

    2

Features

  • Parking
  • Investment Property

Explore the Area

12424 Atlantic, Lynwood, California, United States View on Google Maps
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Younglewin Advisors, Inc. - Long Beach

Joined 9 months ago
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Younglewin Advisors, Inc. - Long Beach
California, United States
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7
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2025
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Younglewin Advisors, Inc. - Long Beach
Long Beach, California, United States
View agency profile
Last updated
June 24
First listed
Jun 24
Listing reference
PW26137735
Listing status
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