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$7,150,000
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Property Description
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 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.
Full Property Details
Full Property Details for 3189 Euclid Ave
General
- Sold For: $7,150,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25113868
- Added to Site: 274 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: North of Rosecrans Ave and West of Long Beach Blvd
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 46
- # Electric Meters: 46
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 31,901
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.9238
- Lot Size Source: Assessor
- Zoning: LYR3YY
- Lot Description: Lot Over 40000 Sqft
Financial Considerations
- Price Per Sq. Ft.: $224.13
- Price Per Unit: 166667
Listed and Sold by Morgan Skenderian, Doug Rodermund
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Schools
Schools serving 3189 Euclid Ave
School District:Lynwood Unified School District
| Name | Grades | Distance |
|---|---|---|
Helen Keller Elementary School 3521 Palm Avenue, Lynwood, CA 90262 | K-6 | 0.3 mi |
Marco Antonio Firebaugh High School 5246 Martin Luther King Junior Boulevard, Lynwood, CA 90262 | 9-12 | 1.9 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 3189 Euclid Ave
Date
Details
Price
Change
Source
8/19/2025
Sold
$7,150,000
-4.67%
MLS
5/21/2025
Listed
$7,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3189 Euclid Avenue, Lynwood, CA 90262 (MLS# PW25113868) is a Multi-Family property that was sold at $7,150,000 on August 19, 2025. Want to learn more about 3189 Euclid Avenue? 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.

