3346 Martin Luther King Jr Blvd, Lynwood, CA 90262
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3346 Martin Luther King Jr Blvd, Lynwood, CA 90262
3346 Martin Luther King Jr Blvd, Lynwood, CA 90262
3346 Martin Luther King Jr Blvd, Lynwood, CA 90262
3346 Martin Luther King Jr Blvd, Lynwood, CA 90262
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$ 1,550,000
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3346 Martin Luther King Jr Blvd Lynwood, CA 90262

12 Beds

8 Baths

4,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $387

MLS Listing ID 26855073

Style Mid-Century

Bedrooms 12

Year Built 1983

Lot Size 8,710 Sqft

Acres 0.2

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Lynwood

Zoning LYR3*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Range/Oven, Gas Dryer Hookup

Exterior

Parking Features Carport Detached, Garage Is Detached, Garage - 1 Car, Driveway Gate

Garage Spaces 8.0

View Y/N No

View None

Roof Type Flat

Building

Architectural Style Mid-Century

Level or Stories Multi/Split, Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Coldwell Banker Realty
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Broker | License ID: 01932176

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3346 Martin Luther King Jr Blvd