#CV25152094, Aaron Juarez, Listing office: Cal American Homes

11230 Louise Ave Lynwood, CA 90262
Property details
About 11230 Louise Ave
Great opportunity on this 6-unit building consisting of 5-2 bedroom, 1 bath and 1-4 bedroom, 1 bath. The owner performed renovations in some units in the last 3 years. The building is 100 percent occupied. All tenants are month-to-month. It is in a great rental area of Lynwood. The month-to-month tenancy structure offers flexibility to reposition the property and increase rents over time, enhancing cash flow. With a pro forma cap rate of 6.58%, this asset presents an excellent value-add opportunity while generating strong returns from day one. The most recent update was performed in 2022. Great opportunity if you are in a 1031 Exchange period. The principal for this property is liquidating and will not be doing 1031 exchange.
Highlights
Summary
- Fireplace: None
- Private Pool: No
- Heating: Other
- List Price: $1,716,000
- HOA Amount: $0
- Annual Tax Amount: $12,677
- Tax Year: 2024
- Directions: Head North on Louise Ave.
- Year Built: 1944
- Stories: 1
- Lot Size: 0.2741 Acres
- MLS Number: NP25065687
- MLS Name: CRMLS
- Office Name: eXp Realty of Southern Ca, Inc
- Office Phone: (949) 922-8420
- Listing Agent: Louis DiGonzini
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/25/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 17, 2013 | Home Sold | $677,000 |
Feb 26, 1999 | Home Sold | $237,500 |
Nov 05, 1998 | Home Sold | $193,069 |
May 18, 1990 | Home Sold | $127,000 |
Apr 06, 1988 | Home Sold | $107,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $817,319 | $12,677 |
2023 | $801,294 | $12,588 |
2022 | $785,583 | $12,162 |
2021 | $770,180 | $11,730 |
2020 | $762,284 | $11,994 |
2019 | $747,338 | $11,004 |
2018 | $732,685 | $11,116 |
2017 | $718,319 | $11,116 |
History based on county public records data.
Nearby schools
5
Will Rogers Elementary School
Public District PK-6
0.1 mi
•11220 Duncan Ave
6
Washington Elementary School
Public District KG-6
0.5 mi
•4225 Sanborn Ave
2
Lugo Elementary School
Public District KG-6
0.7 mi
•4345 Pendleton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,908. Typical income of Lynwood, CA residents is between $35k-100k annually. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 11230 Louise Ave
The listing price of 11230 Louise Ave property is $1,716,000.
The property 11230 Louise Ave is a multi located in Lynwood, California, 90262.
Active Listing: 11230 Louise Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11230 Louise Ave are: Will Rogers Elementary School (GreatSchools Rating 5/10), Washington Elementary School (GreatSchools Rating 6/10), Lugo Elementary School (GreatSchools Rating 2/10), Hollydale School (GreatSchools Rating 6/10), Hosler Middle School (GreatSchools Rating 3/10), Franklin S. Whaley Middle School (GreatSchools Rating 6/10), Pathway Independent Study (GreatSchools Rating 3/10), Vista High School (GreatSchools Rating 2/10), Marco Antonio Firebaugh High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $12,677 (source: MLS/based on county public records data).
The last sale was on May 17, 2013 for $677,000 (source: MLS/tax record).
The year of construction for 11230 Louise Ave is 1944.
This home is located at 11230 Louise Ave in Lynwood, CA and zip code 90262 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,716,000.
Between May and June 2025, Lynwood, CA real estate market has seen decrease in the number of listings by 3.4%. The median list price of listings available in June 2025 was $699,000, while the average time on the real estate market was 66 days.