3203 Wisconsin Avenue

Lynwood, CA 90262

$1,300,000
Price
9
Beds
5
Baths
4,000 Sq. Ft.
$325 / Sq. Ft.
4,000
Sq. Ft.
$325
per Sq. Ft.

Description

Prime 5-Unit Investment Opportunity in Lynwood! Seize this exceptional investment opportunity with this income-producing 5-unit property, now offering higher rental income and strong financials! Featuring a mix of 1, 2 bedroom units, this well-maintained asset is fully occupied with long-term tenants, ensuring stability and growth. Gross Scheduled Income: $89,640 - Net Operating Income: $75,947 - Monthly Rents -Unit A: $1,390, Unit B: $1,410, Unit C: $1,640, Unit D: $1,410 and Unit E: $1,620. Strategically...Prime 5-Unit Investment Opportunity in Lynwood! Seize this exceptional investment opportunity with this income-producing 5-unit property, now offering higher rental income and strong financials! Featuring a mix of 1, 2 bedroom units, this well-maintained asset is fully occupied with long-term tenants, ensuring stability and growth. Gross Scheduled Income: $89,640 - Net Operating Income: $75,947 - Monthly Rents -Unit A: $1,390, Unit B: $1,410, Unit C: $1,640, Unit D: $1,410 and Unit E: $1,620. Strategically located in a high-demand rental market. This property features secure parking for tenants, well kept and is close to schools, shopping, and major transportation routes, making it an ideal choice for tenants and a lucrative asset for investors. With strong cash flow, room for future appreciation, and a prime location, this property is the perfect addition to any investor’s portfolio. Don’t miss out!
  1. Listed by Vanessa Burtle • DRE #01867404 • Brokerage DRE #01878277 • eXp Realty of California Inc • 714-309-2828

Property Details for 3203 Wisconsin Avenue

View
Neighborhood
Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4000
LISTING UPDATED: 02/15/2025 09:35 PM

Property Details for 3203 Wisconsin Avenue

StatusActive
MLS #PW25011297
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
CountyLos Angeles County

Building Information for 3203 Wisconsin Avenue

Building/Complex3203 Wisconsin AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1959Building Size-

Property Information for 3203 Wisconsin Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $89,640
  • Gross Scheduled Income: $89,640
  • Net Operating Income: $75,947
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Gross Multiplier: 14.5
  • Cap Rate: 5.84
  • Current Financing: None
Expense Details
  • Operating Expense: $13,693
  • New Taxes Expense: $13,500
  • Gardener Expense: $840
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $115
  • Pest Control Expense: $520
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $720
  • Insurance Expense: $3,174
  • Professional Management Expense: $5,089
  • Workmans Compensation Expense: $0
  • Trash Expense: $1,888
  • Water Sewer Expense: $1,980
  • Supplies Expense: $0
  • Total Expenses: $13,693
Tax / Assessment Info
  • Tax Tract Number: 4936
  • Tax Census Tract: 5402.01
  • CFD/Mello-Roos Fee: $1,595
  • Tax Lot: 45
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Block
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Walkstreet
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage: Garage, On street
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Concrete, Garage, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,390
  • Unit Type Total Rent: $1,390
  • Unit Type Pro Forma: 1625
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,410
  • Unit Type Total Rent: $1,410
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,640
  • Unit Type Total Rent: $1,640
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,410
  • Unit Type Total Rent: $1,410
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,620
  • Unit Type Total Rent: $1,620
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number With Carpet: 3
  • Number With Patio: 1
  • Number Wall AC: 5

Property History for 3203 Wisconsin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3203 Wisconsin Avenue

Taxable ValueLand$38,161Additions$144,981Total$183,142
Tax Record2024$4,022 ($335 / month)
Home Facts
Total Finished SqFt4,000 SqFtAbove Grade Finished SqFt4,000 SqFtLot Size5,285 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLYR3*CountyLOS ANGELESAPN6207-008-016

Schools near 3203 Wisconsin Avenue

This home is within Lynwood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 6

Hosler Middle School
Public7 to 8

Lynwood High School
Public9 to 12

Vista High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3203 Wisconsin Avenue is a multi-family home for sale in Lynwood, CA 90262. This property was listed for sale on January 16, 2025 by eXp Realty of California Inc, it's currently listed at $1,300,000. This listing's school district is Lynwood Unified School District. Nearby schools include Roosevelt Elementary School, Hosler Middle School and Lynwood High School. 3203 Wisconsin Avenue is a 9-bed, 5-bath, 4,000 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Vanessa Burtle, DRE #01867404

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.