3189 Euclid Avenue, Lynwood, CA

$7,500,000

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5

Beds

4

Baths

0.92

Acres

About 3189 Euclid Avenue

Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking. Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the propertys ideal central location (30 minutes or less median travel time to work) and the citys renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

Features of 3189 Euclid Avenue

MLS® # PW25113868
Price $7,500,000
Bedrooms 5
Bathrooms 4.00
Acres 0.92
Year Built 1400
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 3189 Euclid Avenue
Area LYNWOOD (90262)
City Lynwood
County Los Angeles
State CA
Zip Code 90262

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed May 21st, 2025
Days on Market 36
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMorgan Skenderian

Listing Map

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