11500 Atlantic Ave Local commercial 325 m² 100 % Loué À vendre Lynwood, CA 90262 731 040 € (2 248,24 €/m²)

This mixed-use property presents a compelling owner-user or investment opportunity in the heart of Lynwood. Positioned on a corner lot along an active thoroughfare, the property includes a ground-floor commercial space and two residential apartments. The building size of approximately 3,500 square feet offers flexibility for multiple tenant configurations, and the possibility for adding a mezzanine further enhances its potential for increased utility and income.
The ground-floor retail component benefits from high ceilings, dual entrances, and strong visibility from a highly trafficked street. Ample rear parking and exclusive lot access improve functionality for both retail and residential tenants. On the upper level, the property features a significant 20' x 40' open deck, adding versatility for future enhancements. Located in a densely populated neighborhood, the property is adjacent to a busy express car wash and sits just one block from major conveniences such as 7/11 and Jack in the Box. Offered at a low price of $243 per square foot, this asset represents rare value and future upside for investors or owner-occupants seeking a well-located, adaptable property in Los Angeles County.
The second floor features a residential component comprised of one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. The 1-bedroom apartment, approximately 550 square feet, has been occupied since 2016 and currently generates $1,150 in monthly rent. The 2-bedroom unit, measuring about 830 square feet, has been occupied since 2011 and produces $1,540 in monthly rent. Both units are currently on month-to-month tenancy.