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$899,000   Price Analysis
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11464 Copeland St
Lynwood, CA 90262
8 bed 4 bath 2,936 SqFt ($306/SqFt)
9,110SqFt lot. Built 1910
Listed 2022-10-16, Taxes $2,339
Ⓧ USDA Ineligible
due to price & location

near Lynwood

Legacy units have not been on the market since 1977!

* Has Contingent Offer *

Great residential neighbor hood near freeway and shopping. Property is a single story craftsman SFR in front and a single story triplex behind with a long driveway and yard. Plus 4 garages facing the alley attached to the back bulding.

Each unit is 2 bedrooms and 1 bath. Here's your chance to own like a legacy investor. or Looking for a detached home to buy and live in? Why not get this one with 3 more units behind for income?. There is an opportunity to clean up and update these units and get this bargain to yield a extraordinary upside month after month.


Presented by Maggie Ureno at
RE MAX Select One.


Property MLS #OC22198409 from CRMLS

Bedrooms: 8

Full Bathrooms: 4

Lot Description: Lot 6500-9999, Rectangular Lot, Treed Lot
Lot Size Acres: 0.2091368
Lot Size Source: Assessor
Lot Size Square Feet: 9110

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Driveway
Parking Total: 8

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Gardener Expense: 1080.00
Maintenance Expense: 648.00

Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Active Under Contract
County: Los Angeles
Other Expense: 94.00
Source Property Type: Residential Income
Insurance Expense: 2722.00
Area: RM - Lynwood
Source Neighborhood: RM - Lynwood
New Taxes Expense: 2237.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 6173006007
Postal Code Plus 4: 3414
Trash Expense: 2350.00
Zoning: LYR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$39,376 + $50,046
$89,422
$2,339
2021$38,604 + $49,065
$87,669
$2,265
2020$38,209 + $48,562
$86,771
$2,209
2019$37,460 + $47,610
$85,070
$2,280
2018$36,726 + $46,677
$83,403
$2,020
2017$36,006 + $45,762
$81,768
$2,024
2016$35,300 + $44,865
$80,165
$1,875
2015$34,770 + $44,192
$78,962
$1,842
2014$34,089 + $43,327
$77,416
$1,834
2013$33,935 + $43,132
$77,067
$1,845
2012$33,270 + $42,287
$75,557
$1,769
2010$32,618 + $41,458
$74,076
$1,723
2009$32,452 + $41,247
$73,699
$1,673
2009$32,375 + $41,149
$73,524
$1,673
2008$31,816 + $40,439
$72,255
$1,636
2007$31,193 + $39,647
$70,840
$1,566

Price Changed 2024-04-19
$899,000
CRMLS
Price Changed 2023-12-30
$998,000
CRMLS
Price Changed 2023-10-13
$999,000
CRMLS
Relisted 2023-10-04
$1,050,000
CRMLS
Listing removed 2023-10-01
$0
CRMLS
Price Changed 2023-09-28
$1,050,000
CRMLS
Price Changed 2023-05-27
$1,099,000
CRMLS
Listed 2022-10-16
$1,160,000
CRMLS
Sold 1967-06-15
$23,500
Public Record

Net Operating Income: 21315.00

Total Square Feet Living: 2936
Year Built: 1910
Building Features: 2
Common Walls: 2+ Common Walls
Property Age: 114
Property Attached: Yes
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 2114.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2349.00
Water Source: Public

Hosler Middle School is a public middle school located approximately 0.3 miles away.
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Wilson Elementary School is a public elementary school located approximately 0.3 miles away.
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Lynwood High School is a public high school located approximately 1 miles away.
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A Higher Learning CDC. Inc. School is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.