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$2,000,000
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Property Description
Take advantage of attractive seller financing-30-year fixed, fully amortized-on this value-add 7-unit multifamily opportunity in a high-demand rental market. Currently operating at a 5.20% Cap Rate and 12.40 GRM ($13,110 per month), the property allows for solid income growth potential. Built in 1963, it features an ideal all two-bedroom unit mix, 4,900 SF of rentable space, and sits on a 7,670 SF lot with 14 total parking spaces (7 garages + 7 tandem). Separately metered for electric (all-electric building), this asset offers both operational efficiency and long-term upside, with potential to add an additional unit. Centrally located near jobs, transit, and amenities, it's well-positioned for sustained tenant demand. Don't miss this rare opportunity to secure long-term, stable financing and immediate cash flow-schedule a tour today.
Full Property Details
Full Property Details for 10500 Long Beach Blvd
General
- Sold For: $2,000,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25071131
- Added to Site: 296 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 7
Location
- Area: RM - Lynwood
- County: Los Angeles
- Development Name: RM - Lynwood
- Driving Directions: Long Beach Blvd & Century Blvd
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Electric Meters: 8
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,900
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.1761
- Lot Size Source: Assessor
- Zoning: LYC3*
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $408.16
- Price Per Unit: 278571
Listed by Keller Williams Coastal Prop., Alex Colombo
Sold by Keller Williams SELA, Enrique Nava
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Schools
Schools serving 10500 Long Beach Blvd
School District:Lynwood Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Lynwood, CA 10835 Mallison Avenue, Lynwood, CA 90262 | K-6 | 0.8 mi |
Hosler Middle School 11300 Spruce Street, Lynwood, CA 90262 | 7-8 | 1 mi |
Lynwood High School 12124 Bullis Road, Lynwood, CA 90262 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10500 Long Beach Blvd
Date
Details
Price
Change
Source
5/30/2025
Sold
$2,000,000
2.56%
MLS
4/01/2025
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10500 Long Beach Boulevard, Lynwood, CA 90262 (MLS# PW25071131) is a Multi-Family property that was sold at $2,000,000 on May 30, 2025. Want to learn more about 10500 Long Beach Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Lynwood? You can browse all Lynwood real estate or contact a Coldwell Banker agent to request more information.

