For Sale
$699,000

11638 Atlantic AveLynwood, CA 90262

Two-Suite Building, Long-Term Tenants, Opportunity Zone

Overview

Added:
Feb 3
Days on market:
62
This exceptional commercial property, located at 11638 & 11640 Atlantic Boulevard in Lynwood, California, presents a lucrative investment opportunity. Situated in a designated Opportunity Zone, this high-traffic location boasts excellent visibility on Atlantic Boulevard, close to major shopping centers and convenient freeway access. The property comprises two separate suites, each approximately 1200 square feet, totaling 2400 square feet on a 0.06-acre lot. Each suite features its own private lobby and bathrooms, enhancing tenant privacy and convenience. Currently occupied by long-term tenants, ensuring a stable income stream, one suite houses a thriving beauty salon with six stations, while the other is leased to an established professional services business. The building reflects pride of ownership, with recent upgrades including a complete interior repaint just two years ago and a ceiling reconstruction three years prior. Ample parking is available, with curbside spaces and a rear parking lot accommodating 5-6 vehicles. This turnkey investment offers a blend of established tenancy, desirable location, and recent improvements, making it an ideal addition to any commercial real estate portfolio. The property's size, location, and current occupancy make it a strong contender for long-term growth and profitability.

Property Details for 11638 Atlantic Ave

Property type
Square Feet
1,250 SF
Year Built
1960
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Lynwood
County
Los Angeles
State
California
Latitude
33.91758
Longitude
-118.1887
11638 Atlantic Ave, Lynwood, California

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11638 Atlantic Ave
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