Looking for a CASH COW or an opportunity to BUILD units? This multi unit property features zoning for commercial and residential. It has a higher use of residential and can qualify for residential financing. Currently the front unit is a Hair salon and the unit in the back is a 2 bed 1 bath with a detached 2 car garage on a LARGE LOT! The new laws may allow you to legally convert the 2 car garage into an ADU to rent out for more $$! Turning the property into a triplex. BONUS! The property has 2 trailers that are rented out for a total of $750 a month. You have potential to get up to 5 streams of income on one property! The city of Lynwood can allow you to build up to 7 units under affordable housing. Please check with city for more details. Property is conveniently located by the 105/710/91 freeways, public transportation (metro Green line), 20 mins from the NEW Rams/Chargers SoFi Stadium, Shopping centers such as NEW Walmart Supercenter as well as Plaza Mexico and St. Francis Medial Center .Property can qualify for Residential financing and Rebuilt letter is on hand!
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