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Posted: Tuesday, April 18, 2017 9:49 AM

Bankruptcy Sale-Reduced Over 200K-Two Free Standing Bldgs On Imperial Hwy
All Offers and Broker Commissions Subject to Bankruptcy Court Approval
$1,300,000
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Two free standing buildings, totaling 7,062 square feet, situated on 15,607 square feet of land, located in Lynwood, California. Situated at the junction of Imperial Avenue and California Avenue, close proximity to the Plaza Mexico mall to the west, in addition to several shopping centers in the immediate vicinity. The subject Property is supported by healthy traffic counts with over 28,000 daily vehicles traveling via Imperial highway in addition to 62,000 more vehicles driving along nearby Long Beach boulevard. Lynwood is a city in South Central Los Angeles, situated approximately 10 miles south of LA' s downtown district. As of 2016, the city has an estimated population exceeding 72,000 residents, over 60 percent of which are below the age of 34. Median home sales prices in Lynwood have increased by over 78 percent during the past 5 years to nearly $400,000. This is a reflection of an overall shift in Lynwood' s market as people are priced out of other areas in and around Los Angeles. Owner occupies the brake supply building and a portion of the auto center. The remaining portion is rented at $3000 per month.

MLS: OC17048106
SqFt: 7062
Asking: $1,300,000
Property Address
3366 Imperial Hwy
Lynwood, CA
90262
 

David Perry
Star Commercial Properties
7147214477
Contact Agent

Lic#: 00572110
 

 

3366 Imperial Hwy, 90262    google map | yahoo map

• Location: Los Angeles, Lynwood

• Post ID: 110013838 losangeles
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