12008 Long Beach Boulevard, Lynwood, California 90262, Lynwood, 90262 - bed, bath
12008 Long Beach Boulevard
Lynwood, California 90262
Property Price
SUMMARY
Analysis of 12008 Long Beach Boulevard, Lynwood, California 90262 is currently available with a list price of $999,998. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lynwood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1942, this property is very old. While some interior images show recent cosmetic updates like new tile flooring, fresh paint, and basic kitchen/bathroom fixtures (small sink, simple vanity, tiled shower), these appear to be superficial refreshes for rental units rather than extensive renovations of major systems. The exterior shows significant age and wear, and the presence of window A/C units suggests outdated cooling systems. Given its age and the likely original or very old major components (plumbing, electrical, roof, foundation), the property likely requires substantial repairs and rehabilitation to bring it up to modern standards and ensure long-term functionality, despite being currently livable.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
The property boasts a substantial total monthly rental income of $10,471, positioning it as a robust 'Cash Cow Multi-Family' investment.
- High Unit Count
Comprising three buildings with a total of nine units (3+1+5), the property offers diversified income streams and significant rental capacity.
- Prime Location & Accessibility
Situated on Long Beach Blvd, the property benefits from an 'excellent location' with convenient access to essential amenities like restaurants, grocery stores, bus stops, and employers, enhancing tenant appeal.
CONSRISKS & DEFICIENCIES
- Significant Landlord-Paid Utilities
A considerable portion of utilities (water, most gas, most electricity) are paid by the landlord, totaling $649/month, which directly impacts the net operating income and is exacerbated by combined electric meters for multiple units.
- Older Property & Maintenance Needs
Built in 1942, the property's age suggests a higher probability of requiring ongoing maintenance, repairs, or future capital expenditures for systems and structural components.
- Absence of On-Site Laundry
The lack of on-premises laundry facilities could be an inconvenience for tenants and potentially affect tenant satisfaction or the property's competitive edge, despite a nearby laundromat.
About 12008 Long Beach Boulevard
It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. There is a laundry mat on the same block. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. The income listed in this MLS description is correct and updated.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1942
- Lot Size
- 7,096 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,016 | 4,161 | 50% |
| Lot Size | 7,096 | 8,051 | 50% |
| Price | $1000.0K | $1.12M | 50% |
| Price per sq ft | $332 | $284 | 50% |
| Built year | 1942 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 171 | 50% |
Pricing History
Listed for Sale
Mar 5, 2026
$999,998
$999,999
+0% Price Increase
Initial Listing
Price Change
Feb 3, 2026
$999,999
$1,000,000
+0% Price Increase
Initial Listing
Price Change
Jan 26, 2026
$1,000,000
$999,899
+0% Price Increase
Initial Listing
Price Change
Jan 16, 2026
$999,899
$999,900
+0% Price Increase
Initial Listing
Price Change
Dec 18, 2025
$999,900
$999,950
+0% Price Increase
Initial Listing
Price Change
Dec 16, 2025
$999,950
$999,999
+0% Price Increase
Initial Listing
Price Change
Nov 15, 2025
$999,999
Initial Listing
Sold
Jul 2, 1997
$180,000
Public Record