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Based on information from California Regional Multiple Listing Service, Inc. as of December 18, 2018. 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. To view the full disclaimer, please click here.
Large Selection of Multifamily Homes and Properties in Lynwood, CA
Lynwood is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Lynwood.
Lynwood’s population was 70,709 as of 2012. The estimated median household income in 2011 was $41,875 (it was $35,888 in 2000). This is lower than the California median which was $57,287 in 2011.
Businesses are flourishing in Lynwood due to a number of factors: the City's convenient location that is near two major freeways, the Los Angeles International Airport, and the ports of Long Beach and Los Angeles; its attractive land prices; its business incentive programs; and a business-friendly reputation. There are approximately 2,000 businesses in Lynwood and several big shopping centers.
The city also enjoys being close to a variety of conveniences. The nearest major airport is Long Beach Airport (LGB). This airport has domestic flights from Long Beach and is 12 miles from the center of Lynwood. Another major airport is Los Angeles International Airport (LAX), which has international and domestic flights from Los Angeles and is 13 miles from Lynwood. The local hospital is Saint Francis Medical Center. There are also a number of colleges in and around Lynwood including St. Francis Career College, California State University-Dominguez Hills, and Long Beach City College.
Lynwood has any attractions, including Plaza Mexico, a 36-acre Town Center, comprised of a Food 4 Less Market, Rite-Aid, supporting retail, and the existing Marketplace Shopping Center which hosts a HomeTown Buffet, Chuck E’ Cheese, El Gallo Giro, La Huasteca Restaurant, El Curacao, and numerous specialty shops. The open-air village is located between the two centers, combining a venue for outdoor oriented entertainment appealing to families with commercial retail. There are also a number of parks including Lynwood City Park, which is the major location for all youth and adult sports programs coordinated by Lynwood Recreation and Community Services.
All of these features make Lynwood a great place to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, diverse community has great attractions, a healthy work industry, and many renters. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
Also serving other Los Angeles County Cities.
This information was gathered from www.lynwood.ca.us, city-data.com, and wikipedia.
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