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11464 Copeland St, Lynwood, CA 90262
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11464 Copeland St Lynwood, CA 90262

$899,000
  • 8 Beds
  • 4 Baths
  • 2,936 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified
Map preview of 11464 Copeland St, Lynwood, CA 90262

Property Overview: 11464 Copeland St Lynwood, CA has 8 bedrooms, 4 bathrooms, 2,936 living square feet and 9,110 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Legacy units have not been on the market since 1977! Over 9100 SQFT OF LAND in great residential neighborhood near freeway and shopping. Property is a single story craftsman SFR in front, another single story detached behind that, and then a single story duplex behind with a long driveway and yard. Plus: attached to the duplex are 4 garages facing the alley not included in tenant's rents so available to lease out! Each unit is 2 bedrooms and 1 bath and price reflects all in fixer condition. Here's your chance to own like a legacy investor and earn some sweat equity. or Looking for a detached home to buy and live in? Why not get this one with 3 more units for income?! There is an opportunity to clean up and update these units and get this bargain to yield a great upside month after month. Please confirm with City of Lynwood that with approved permits for substantial renovation, City may approve 60 days' notice and only ONE month's rent relocation assistance for tenants!

Listed by Maggie Ureno | BRE #01319367 | RE/MAX Select One
Last checked: 8 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 551
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Home details

Lot Sq. Ft
9,110
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
OC22198409
City
Lynwood
County
Los Angeles
Time on Site
556 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,910
  • Net Operating Income: $21,315
  • Gross Operating Income: --
  • Other Income Description: none
Annual Expense Breakdown
  • Total Operating Expense: $13,594
  • Electric: $2,114
  • Gas/Fuel: $0
  • New Taxes: $2,237
  • Trash: $2,350
  • Gardener: $1,080
  • Insurance: $2,722
  • Maintenance: $648
  • Water/Sewer: $2,349
  • Other Expenses: $94
  • Other Expense Description: ads

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Property Details for 11464 Copeland St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot, Treed Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6173006007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: exit 105 at Long Beach Blvd and go north, immed R on Platt, Platt becomes Fernwood, L on Copeland
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Lynwood Agent

Sale History for 11464 Copeland St

View property's historical transactions

  • October, 2022

  • Oct 16, 2022

    Date

    Active

    CRMLS: OC22198409

    $1,160,000

    Price

Tax History for 11464 Copeland St

Assessed Value (2020): $86,771
Year Land Value Improved Value Assessed Value
2020 $48,562 $38,209 $86,771

Home Value Compared to the Market

This property vs the competition

11464 Copeland St is listed 33.19% higher than the median list price for the city of Lynwood which has a median list price of $675,000. The median price per/sqft for Lynwood is $452 and this home is listed at $306.2 per/sqft which puts the price per square foot 32.26% lower than the median price per square foot for the city of Lynwood.

About 11464 Copeland St

Detailed summary of property

11464 Copeland St is a fourplex located in Lynwood, CA 90262 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 2,936 living square feet, and sits on an approximately 9,110 square foot lot. 11464 Copeland St was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner is currently asking $899,000 and was originally asking $1,160,000. The median priced home in Lynwood is $675,000 with a median price per square foot of $452. Based on Ardent Real Estate Group's Lynwood Market Data, this home is listed 33.19% higher than the median priced home. Local competing homes currently for sale include 1647 E 92nd St, 8219 Morton Ave and 1334 E 92nd St. While the average home in Lynwood, CA is selling in 28 days, 11464 Copeland St has a days on market of 551 days. There are currently 22 homes for sale in the Lynwood real estate market and 22 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 11464 Copeland St Lynwood, CA 90262 contact Ardent Real Estate Group and we will put you in touch with one of our Lynwood agents.

Public Facts for 11464 Copeland St

Public county record property details
Beds
8
Baths
4
Year built
1910
Sq. Ft.
2,936
Lot Size
9,109
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
479
APN
6173-006-007

The source for these homes facts are from public records.

90262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$452
Median Sold Price
$599,000
Median Sold Price/Sq.Ft.
$397
Total Inventory
21
Median Sale to List Price %
99.85%
Avg Days on Market
47
Loan Type
Conventional (75%), FHA (25%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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