12424 Atlantic, Lynwood CA 90262 | $5,000,000
Listing provided courtesy of Jackson Jorgensen of Younglewin Advisors, Inc.. Last updated 2026-06-25 08:11:42.000000. Listing information © 2025 SANDICOR.
We are pleased to present 12424 Atlantic Ave, a 34-unit multifamily investment opportunity built in 1958 in the city of Lynwood. The property offers a unit mix of twenty-six one-bedroom/one-bath units, six studios, and two two-bedroom/one-bath units, with units averaging approximately 600 square feet — notably larger floor plans than the typical one-bedroom product in this market. 34 parking surface parking spaces are located behind the building.
The offering has massive value-add upside: in-place rents currently sit approximately 67% below market. The City of Lynwood has no municipal rent control ordinance, leaving the asset governed solely by California's AB-1482, which permits annual increases of up to 8.7% (effective August 1, 2026).
Centrally located in Lynwood just two blocks from Janie Abbott Elementary School and adjacent to an established single-family neighborhood. Additionally, the property is two minutes away from the 710 and 105 freeways, making this a great commuter location for tenants.
More Details
0.55 Acres
2 Stories
David Piper
Call or Text: 858-525-5007
DRE# 02021985
