12424 Atlantic, Lynwood, CA 90262 | MLS #PW26137735 | Berkshire Hathaway HomeServices Troth, REALTORS®
Berkshire Hathaway HomeServices Troth Realtors ®

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Listing provided courtesy of Younglewin Advisors, Inc.MLS# PW26137735MLS Provider
  • 6 days on site
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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.

Source: CRISNET, MLS#: PW26137735

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  • Property Type
    Residential Income
  • Lot
    0.55 acres

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  • Median Age
    31
  • Population Density
    14,143
  • College Educated
    11%
  • Estimated Median Income
    $57,236
  • Estimated Total Home Owners
    7,311
  • Estimated Total Renters
    7,943
  • Owner / Renter Divide
    48% / 52%
  • Estimated Average Household Size
    4
  • Total Population
    69,369
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12424 Atlantic

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: CRISNET Added to Database
June 24, 2026