Pleased to present the Lynwood Palms apartments, a rare opportunity to purchase a 45-unit property with an ideal unit mix of 1-Bedroom/1-Bath, 2-Bedroom/1-Bath and 2-Bedroom/2-Bath units. Unit amenities include large floorplans, carports, laundry facilities and gated entry/parking.
Lynwood is an excellent rental market for apartment owners with no municipal rent control. Given the property’s ideal central location (30 minutes or less median travel time to work) and the city’s renter profile being over 50% of the population, the Lynwood Palms apartments benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
Sold for $7,150,000
Listed by: Morgan Skenderian • Doug Rodermund • Contact: 949-251-8800
Bought with: Morgan Skenderian
$7,150,000
3189 Euclid Ave, Lynwood, CA 90262
59beds
52baths
31,901sqft
Multi Family
Built in 1959
-- sqft lot
$927,800 Zestimate®
$224/sqft
$3,187 Estimated rent
Home value
$927,800
$826,000 - $1.05M
$3,187/mo
Zestimate® history
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$3,187/mo
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$3,187/mo
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$46,042/mo
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Zillow last checked:
Listing updated:
Listed by:
Doug Rodermund DRE #01314304 dsr@morganskenderian.com,
Morgan Skenderian
Bought with:
Doug Rodermund, DRE #01314304
Morgan Skenderian
Source: CRMLS,MLS#: PW25113868
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 59
- Bathrooms: 52
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 31,901
- Total interior livable area: 31,901 sqft
Property
Parking
- Total spaces: 45
- Parking features: Carport
- Carport spaces: 45
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.92 Acres
- Features: Lot Over 40000 Sqft
Details
- Parcel number: 6176002021
- Zoning: LYR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
Location
- Region: Lynwood
Financial & listing details
- Price per square foot: $224/sqft
- Annual tax amount: $108,832
- Date on market: 5/21/2025
- Cumulative days on market: 36 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 60113
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $7,150,000-4.7%$224/sqft |
Source:  CRMLS #PW25113868 Report a problem | ||
| 6/26/2025 | Pending sale | $7,500,000$235/sqft |
Source: CRMLS #PW25113868 Report a problem | ||
| 5/21/2025 | Listed for sale | $7,500,000$235/sqft |
Source: CRMLS #PW25113868 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90262
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Nearby schools
GreatSchools rating
- 7/10Helen Keller Elementary SchoolGrades: K-6Distance: 0.3 mi
- 2/10Hosler Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Marco Antonio Firebaugh High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$927,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$927,800
- California
- Los Angeles County
- Lynwood
- 90262
- 3189 Euclid Ave
Nearby cities
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