3346 Martin Luther King Jr Boulevard , Lynwood, CA 90262
$1,550,000
Est. Payment: $7,799.35/mo
12 Bed
8 Bath
4000 Sqft
Status: active | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Exceptional investment opportunity to acquire a well-maintained fourplex built in 1983, situated on an expansive approximately 8,710 square foot lot. The property consists of four spacious 3-bedroom, 2-bath units, each offering approximately 1,000 square feet of living space, creating an attractive unit mix that is consistently in demand. Designed for tenant comfort and long-term occupancy, every unit features washer and dryer hookups, a private garage, and an additional covered carport parking space amenities that help attract and retain quality tenants. Several units were remodeled in 2000 and have been thoughtfully updated and maintained over the years as needed, reflecting pride of ownership throughout the property. An additional advantage is that the property is not subject to local rent control, providing investors with greater flexibility for future rental adjustments in accordance with applicable California law. The multifamily zoning may provide additional value-add opportunities, including the potential for ADU development or future expansion, subject to buyer verification with the City. Ideally located with convenient access to shopping, schools, parks, public transportation, and major freeways, this turnkey asset presents an outstanding opportunity for investors seeking stable income with long-term appreciation potential.

Highlights

Listed by Michael Shadgou , 310-741-9444 Coldwell Banker Realty , 310-820-6651. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1983

County

Los Angeles

Area

RM - Lynwood

Listing ID

26855073

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:8
  • Full Bathrooms:0
Appliances:Gas Range
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:8
Zoning:LYR3*
Others:2+ Total Units,Has ADU
Parking Features:Detached Carport,Door-Single,Garage
Principal Interest
$7,799
Taxes
$988

Home Price

$1,550,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$310,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,799.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,799.35 $988.13 $0.00 $8,787.48
Yearly $93,592.26 $11,857.50 $0.00 $105,449.76
Total $2,807,767.78 $355,725.00 $0.00 $3,163,492.78

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Lynwood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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