3346 Martin Luther King Jr Boulevard, Lynwood, CA 90262
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3346 Martin Luther King Jr Boulevard,Lynwood, CA 90262
$1,550,000
- 12 Beds
- 8 Baths
- 4,000 sq. ft.
- Multi-family
- Active
Listed by: michael shadgou
Office: coldwell banker realty310-820-6651
MLS#:26855073
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$387.5
About this home
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....
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Home facts
- Year built:1983
- Listing ID #:26855073
- Added:18 day(s) ago
- Updated:July 26, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Kitchen Description:Gas Range
- Living area:4,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1983
- Building area:4,000 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Mid Century Modern
- Levels:2 Story
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$387.5
Parking
- Total parking spaces:8
- Parking description:Detached Carport, Door-Single, Garage
- Garage:Yes
- Garage spaces:4
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