Property Detail
Description
We are pleased to present 3310 Palm Avenue, a well-maintained triplex offering an excellent opportunity for both owner-users and investors. The front of the property features a detached 3-bedroom, 2-bathroom residence (1,220 sq ft), which will be delivered vacant. The rear structure, constructed in 1990, consists of a duplex with two 2-bedroom, 2-bathroom units, along with a bonus room above two single-car garages. Both buildings have been recently improved with new roofs, updated electrical panels, and include in-unit laundry hookups. The two rear units are currently rented at $2,787 each, and the front house is projected to rent for approximately $3,400, bringing total potential income to nearly $9,000 per month. If fully leased, the property is will operate at a 6.51% CAP rate and 11.14 GRM. Based on current financing assumptions, the property is projected to generate over $20,000 per year in positive cash flow. Ideally located near Lynwood High School, Lynwood Park, and Plaza Mexico, with convenient access to the 105 and 710 freeways, this is a compelling opportunity for an investor or an owner-occupant looking to offset their mortgage with strong rental income.
Map Location
Listing provided courtesy of Larson Harley of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-05-06 08:14:23.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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