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11464 Copeland Street

Lynwood, CA 90262
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • MLS #: OC24235297
Under Contract
UPDATED: 210 min ago
$1,000,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Listing Agent(s): Maggie Ureno of RE/MAX Select One (714-846-3800)


Description

On a beautiful tree-lined street with other pride of ownership SFRs and multi-family dwellings are 2 adjacent lots: 11460 and 11464 Copeland that seller desires to sell together. This second of the two lots (11464) is over 9000 sqft of land with a detached 2-bedroom home in the front and a long driveway for lots of parking. The detached home has a fenced yard. Next on this lot is a second detached home with 2 bedrooms and 1 bath. Finally in the back of the lot is a duplex of two 2-bedroom 1-bath units, and attached to those units are four garages that face the alley. All these four 2- bedrooms are on a single level, with only 1 occupied and two freshly painted with new flooring and new toilets. One even has a new kitchen cabinet and countertop! This property is being sold as-is but is the perfect opportunity for an investor to get into this area for an affordable price, then occupy one while doing upgrades on the rest! Please remember seller's preference is to sell these parcels together but could split them up for the right price.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157942378
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11464 Copeland Street Lynwood, CA 90262

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 210 min ago
  • MLS #: OC24235297
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1910
Built
Neighborhood:
RM - Lynwood
County:
Los Angeles
Area:
RM - Lynwood
Property Description
On a beautiful tree-lined street with other pride of ownership SFRs and multi-family dwellings are 2 adjacent lots: 11460 and 11464 Copeland that seller desires to sell together. This second of the two lots (11464) is over 9000 sqft of land with a detached 2-bedroom home in the front and a long driveway for lots of parking. The detached home has a fenced yard. Next on this lot is a second detached home with 2 bedrooms and 1 bath. Finally in the back of the lot is a duplex of two 2-bedroom 1-bath units, and attached to those units are four garages that face the alley. All these four 2- bedrooms are on a single level, with only 1 occupied and two freshly painted with new flooring and new toilets. One even has a new kitchen cabinet and countertop! This property is being sold as-is but is the perfect opportunity for an investor to get into this area for an affordable price, then occupy one while doing upgrades on the rest! Please remember seller's preference is to sell these parcels together but could split them up for the right price.
Exterior Features

Entry Level 1 Entry Location 3 units ground floor 2 units 2nd floor Lot Features Back YardFront YardLevelNear Public TransitRectangular LotStreet LevelTrees Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalksUrban Contingency Seller 1031 exchangemust close concurrently with 11460 Copeland. Buyer loan contingent on refi of another property. Investigations 5 days. Exclusions All appliances in the front house are owned by the tenant. Garage YN Yes Gross Income 106200 Gross Scheduled Income 106200 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashSubmit Net Operating Income 8900 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 10900 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Trash Expense 0 Water Sewer Expense 4699 Water Source Public Zoning LYR3YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Maggie Ureno of RE/MAX Select One (714-846-3800)