Listed by Morgan Skenderian Investment Real Estate Group
$5,600,000
Palm Villa
Details
APN 6191-010-004, 6191-010-003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,637
Net Rentable (SqFt) 17,637
Units 22
Cap Rate 6.96%
NOI $389,762
Tenancy Multi
Pro-Forma Cap Rate 7.28%
Pro-Forma NOI $407,455
Price per SqFt $318
Class C
Year Built 1961
Year Renovated 1961, 1964
Buildings 2
Stories 2
Lot Size (SqFt) 28,140
Ownership Fee Simple
Pride of Ownership | 22 Units | Located in Residential Neighborhood
Marketing description
Morgan Skenderian is proud to present the Palm Villa Apartments in Lynwood, California. The property is a prime pride of ownership investment opportunity located on a quiet residential street in one of the best pockets to own apartments in the entire region. Offered for sale for the first time in 44 years, Palm Villa has been modernly renovated inside and out and offers lush landscaping and quiet enjoyment for tenants throughout its spacious grounds. The units all offer large floorplans with private patios and balconies. The Palm Villa Apartments stands out as the most luxurious and appealing apartment community in Lynwood.
Investment highlights
- 7.0% Cap Rate & 8.94 GRM on Current Rents
- Completely Renovated, Pride of Ownership Property
- Majority 2-Bedroom Units
- Excellent Rental Location on Residential Street
- 14 Units and 8 Units on Adjacent Parcels
- Not Subject to Municipal Rent Control
- First Time on the Market in 44 Years
Listing Contacts
Listed by Morgan Skenderian Investment Real Estate Group
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$389,762.00
$32,480.17/mo
Valuation Metrics
0
DSCR
6.96%
Cap Rate
6.96%
ROI
Map
Zoning
MF ResidentialMulti FamilyMultiple Family
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View all 306 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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