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12424 Atlantic Lynwood, CA $ 5,000,000
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12424 Atlantic
$ 5,000,000
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12424 Atlantic

Lynwood, CA, 90262
$ 5,000,000
Baths1.0 Sq 20,386

Monthly Estimate*

$ 31,571

Listed by Younglewin Advisors, Inc.
12424 Atlantic, Lynwood, CA 90262 - Image 1
12424 Atlantic, Lynwood, CA 90262 - Image 2
12424 Atlantic, Lynwood, CA 90262 - Image 3
12424 Atlantic, Lynwood, CA 90262 - Image 4
12424 Atlantic, Lynwood, CA 90262 - Image 5
12424 Atlantic, Lynwood, CA 90262 - Image 6
Studio

Multi-Family Home for sale in Lynwood, CA

for $5,000,000 with 1 full bath. This 20,386 square foot home was built in 1958 on a lot size of 0.5504.

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.

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Multi-Family Active

Price

$ 5,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5504

Year Built

1958

Town/City

Lynwood

County/Region

Los Angeles

MLS | Web ID

PW26137735

Days on Market

5
Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1958
Property Subtype Apartment
Gross Income 418212
Community Features Urban
County Los Angeles
Net Operating Income 177853
Operating Expense 227812
Insurance Expense 25483
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On Atlantic off of Bullis
City Lynwood
Entry Location Front
Senior Community Y/N false
Number Of Units Total 34
MLS Area RM - Lynwood
Lot Size Units Square Feet
Lot Size Square Feet 23974
Listing Terms Contract
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 11900
Water Sewer Expense 32640
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 54
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 2
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Exterior
Lot Features Corner Lot
Water Source Public
Total Parking 0
Lot Size Area 23974
Number of Buildings 1
Building Area Total 20386
Lot Size Acres 0.5504
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 34
Number of Separate Electric Meters 34
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* Excluded Features
List By
Younglewin Advisors, Inc.

Broker

jack@younglewin.com

Email

Affordability Calculator

$31,571
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Monthly Principal & Interest
$31,571
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/24/2026$5,000,000 Listed Price

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12424 Atlantic, Lynwood, CA, 90262 is a Multi-Family Home for sale at $5,000,000 with 20,386 sqft and a lot size of 0.5504. 12424 Atlantic is a studio with 1.0 baths and was built in 1958. The property's zip code is 90262 which is in Lynwood, CA

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