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Sold for $1,575,000
  • Listed by: eXp Realty of Southern Ca, Inc • Louis DiGonzini • Contact: 949-607-8543
    Bought with: Seal Real Estate
    $1,575,000

    11230 Louise Ave, Lynwood, CA 90262

    14beds
    6baths
    4,863sqft
    Quadruplex
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $324/sqft
    $3,714 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,714/mo

    Zestimate® history
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    What's special

    Desirable unit mixModern interiors
    alue Add Investment Opportunity | 6 Units | Seller Is Not Doing a 1031 Exchange Investment Highlights: All tenants on month-to-month leases, offering the flexibility to adjust rents and reposition the asset Desirable unit mix: 5 - 2-bedroom, 1-bath units and 1 - 4-bedroom, 1-bath front unit Two fully remodeled units with modern interiors, appealing to quality tenants Located in a high-demand rental market with consistent occupancy and limited inventory Current CAP rate at 7.3% 5 of the 6 tenants are long term tenants. The month-to-month lease structure allows for gradual rent increases or full repositioning to market rates. Seller is motivated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Louis DiGonzini DRE #01502775 949-922-8420,

    eXp Realty of Southern Ca, Inc

    Bought with:

    Jimmy Thach, DRE #01386221

    Seal Real Estate

    Source: CRMLS,MLS#: NP25065687MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    Heating
    • Combination
    Appliances
    • Laundry: Laundry Closet
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,863
    • Total interior livable area: 4,863 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Carport
    • Carport spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.27 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 6194026005
    • Zoning: LYR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1944

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Lynwood

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $833,664
    • Annual tax amount: $13,510
    • Date on market: 4/1/2025
    • Cumulative days on market: 163 days
    • Listing terms: Cash,1031 Exchange
    • Total actual rent: 164100
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    11/17/2025Sold$1,575,000-8.2%$324/sqft
    Source: CRMLS #NP25065687 Report a problem
    9/11/2025Contingent$1,716,000$353/sqft
    Source: CRMLS #NP25065687 Report a problem
    7/11/2025Price change$1,716,000-7.7%$353/sqft
    Source: CRMLS #NP25065687 Report a problem
    6/25/2025Price change$1,860,000-4.6%$382/sqft
    Source: CRMLS #NP25065687 Report a problem
    5/30/2025Price change$1,950,000-7.1%$401/sqft
    Source: CRMLS #NP25065687 Report a problem
    4/1/2025Listed for sale$2,100,000+210.2%$432/sqft
    Source: CRMLS #NP25065687 Report a problem
    8/9/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/16/2022Listed for rent$2,285
    Source: Zillow Rental Manager Report a problem
    5/17/2013Sold$677,000+185.1%$139/sqft
    Source: Public Record Report a problem
    2/26/1999Sold$237,500+23%$49/sqft
    Source: Public Record Report a problem
    11/5/1998Sold$193,069+436.3%$40/sqft
    Source: Public Record Report a problem
    7/25/1997Sold$36,000$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,510 +6.6%$833,664 +2%
    2024$12,678 +0.7%$817,319 +2%
    2023$12,588 +3.5%$801,294 +2%
    2022$12,163 +3.7%$785,583 +2%
    2021$11,730 +4%$770,180 +1%
    2020$11,280 $762,284 +2%
    2019$11,280 +2.5%$747,338 +2%
    2018$11,004 $732,685 +2%
    2017$11,004 -1%$718,319 +2%
    2016$11,116 +8.6%$704,236 +1.5%
    2015$10,232 +4%$693,659 +2%
    2014$9,834 $680,072 +80.6%
    2010-- $376,490 -0.2%
    2009-- $377,386 +4%
    2007-- $362,734 +2%
    2006-- $355,622
    2005-- $355,622 +4%
    2004-- $341,814 +1.9%
    2003-- $335,550 +6.1%
    2000-- $316,200
    Find assessor info on the county website

    Neighborhood: 90262

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