Price Reduction
5221 Elmwood Avenue Lynwood, CA
$ 2,150,950
Property Attributes
  • MLS#PW20188290
  • TypeIncome
  • CityLynwood
  • AreaLynwood
  • Zip90262
  • Style
  • Price$ 2,150,950
  • Bedrooms15
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.39 Acres
Listing Provided Courtesy Of:
David Belasco with Re/Max Olympic.
Data Source:
Property Description

This is a very unique 6 unit complex in Lynwood, all the unit are separate houses that's gated, in a large lot. All units have been remodeled in the last 2-4 years. 4 units have a private back yard, plus 3 units have a 2 car attach garage. And the other 3 units share a 5 car detach garage. (base on the new law of the parking, the 5 car garage maybe able to be converted with permits to 2 more units as studios) Each unit has it own laundry unit inside. The property is very close to shopping, public transportation, schools and the 710 fwy.

Price History
9/10/2020 Listed $2,499,950
1/28/2021 7% - $2,349,950
2/22/2021 3% - $2,299,950
5/20/2021 5% - $2,199,950
6/8/2021 3% - $2,150,950

General Features

Appliances Gas Water Heater
Architectural Style Other
Community Features Sidewalks, Gated
Construction Materials Drywall, Concrete, Stucco
Cooling Wall/Window Unit(s)
Exterior Features TV Antenna
Flooring Concrete
Garage Spaces 11
Garage Y/N Yes
Heating Wall Furnace
Interior Features All Bedrooms Down
Levels One
Listing Agent David Belasco - BRE#00939551
Listing Agent State License 00939551
MLS Area RM - Lynwood
Parking Features Driveway
Pool Features None
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type Residential Income
PropertyCondition Building Permit, Updated/Remodeled
Roof Composition
Rooms Living Room, Bedroom
Security Features Gated Community, Smoke Detector(s)
Sewer Sewer Tap Paid
Spa Features None
Special Listing Conditions Standard
Status Active
Stories 1
Terms Cash, Cash to New Loan, 1031 Exchange
Total Actual Rent 11450
Total Units 6
Utilities Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
View None
Water Sewer Expense 808
Zoning LYR3YY

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Inside

Exterior Features

Fencing Wood
Foundation Details Slab
Lot Features 6-10 Units/Acre, Back Yard
Lot Size Acres 0.39
Lot Size Area 16872
Lot Size Source Estimated
Lot Size Square Feet 16872
Lot Size Units Square Feet
Number of Buildings 10
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 6
Road Frontage Type City Street
Road Surface Type Alley Paved, Paved
Total Parking 11
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Living Room


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90262

AVG $1.77M
AVG 115
Year Built
AVG 1975
AVG 67
Data Provided by Walkscore ® not using MLS data

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