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.
Property Details
Price:
$1,550,000
MLS #:
26855073
Status:
Active
Beds:
12
Baths:
8
Type:
Single Family
Neighborhood:
rmlynwood
Listed Date:
Jul 7, 2026
Finished Sq Ft:
4,000
Total Sq Ft:
4,000
Lot Size:
8,710 sqft / 0.20 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Appliances
GR
Cooling
CA
Heating
CF
Levels
U, S
Exterior
Architectural Style
MCM
Common Walls
_1CW
Garage Spaces
4
Parking Spots
8
Parking Total
8
Security Features
GC
View
NO
Financial
Map
Community
- Address3346 Martin Luther King Jr BL Lynwood CA
- CityLynwood
- CountyLos Angeles
- Zip Code90262
Market Summary
Current real estate data for Single Family in Lynwood as of Jul 12, 2026
39
Single Family Listed
71
Avg DOM
504
Avg $ / SqFt
$908,149
Avg List Price
Property Summary
- 3346 Martin Luther King Jr BL Lynwood CA is a Single Family for sale in Lynwood, CA, 90262. It is listed for $1,550,000 and features 12 beds, 8 baths, and has approximately 4,000 square feet of living space, and was originally constructed in 1983. The current price per square foot is $388. The average price per square foot for Single Family listings in Lynwood is $504. The average listing price for Single Family in Lynwood is $908,149.
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