3189 Euclid AVE Lynwood, CA 90262
UPDATED:
Key Details
Sold Price $7,150,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25113868
Sold Date 08/19/25
HOA Y/N No
Year Built 1959
Annual Tax Amount $108,832
Property Sub-Type Apartment
Property Description
Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property's ideal central location (30 minutes or less median travel time to work) and the city's 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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LYR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 45
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 45
Private Pool No
Building
Lot Description Lot Over 40000 Sqft
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6176002021
Energy Description 16800.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
Bought with Doug Rodermund Morgan Skenderian
GET MORE INFORMATION