Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3535 Martin Luther King Jr Blvd Lynwood, CA 90262

    For Sale
    $950,000

    Prime Lynwood location, high-yield potential.

    Property size:
    4,671 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 3535 Martin Luther King Jr Boulevard, Lynwood, CA, presents a compelling investment or owner-occupancy opportunity. The 4,671 square foot building sits on a 0.17-acre lot and is currently priced at $950,000. The property features a versatile layout, combining commercial and residential spaces. The second floor comprises a spacious three-bedroom, two-bathroom apartment, currently configured as a four-bedroom single-family residence. This offers significant live/work potential or a strong rental income stream. The first floor houses three thriving street-level businesses: two Central American restaurants and a barbershop. Adding to the income potential is a detached, approximately 550 square foot, two-car garage, also available for lease. This structure provides an additional revenue stream, further enhancing the property's overall return. Under reasonable market rent assumptions, an investor can anticipate an 8% cap rate or higher. Alternatively, a retail business operator could potentially secure 80% owner-user conventional financing with a 35% owner-occupancy requirement. This property offers a rare blend of income generation and flexibility, making it an attractive proposition for a diverse range of buyers. The location in Lynwood, CA, provides excellent access to local amenities and a strong customer base.

    Property Features for 3535 Martin Luther King Jr Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,671 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    So Cali Barbershop Barber Shop Mariscos El Borracho Restaurant Elizabeth Restaurante comida ... Salvadoran Restaurant Gorditas Aguascalientes Mexican Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynwood
    County
    Los Angeles
    State
    California
    Longitude
    -118.2075
    Latitude
    33.93645

    Nearby Similar for Sale

    • $999,999
      3,016 SF

      Multi-Unit Property on Long Beach Blvd

      Multi-family property with high rental income potential.
      12008 Long Beach Blvd, Lynwood, CA 90262
      View Details
    • $5,295,000
      15,184 SF

      Lynwood Apartment Investment Opportunity

      Three buildings, 27 units, excellent income potential in Lynwood.
      10303 Long Beach Blvd, Lynwood, CA 90262
      View Details
    • $2,100,000
      6,904 SF

      Lynwood Multifamily Investment Opportunity

      Seven-unit apartment building with development potential in Lynwood, California.
      3161 Euclid Ave, Lynwood, CA 90262
      View Details
    • $1,975,000
      6,072 SF

      Lynwood Apartment Building For Sale

      Well-maintained Lynwood apartment building with recent upgrades and strong rental market.
      3364 Elizabeth Ave, Lynwood, CA 90262
      View Details
    • $1,400,000
      3,844 SF

      Lynwood Quadruplex Townhouse Style Units

      Four townhouse-style units in Lynwood, offering great income potential.
      11251 State St, Lynwood, CA 90262
      View Details
    • $500,000

      Profitable Laundromat Business Opportunity

      High-volume laundromat with new equipment in a prime location.
      10201 State St, Lynwood, CA 90262
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Lynwood location, high-yield potential.
    Where is this mixed-use property located?
    The property is located at 3535 Martin Luther King Jr Blvd Lynwood, CA.
    What is the asking price?
    The asking price for this property is $950,000.
    (310) 658-3375
    Request Owner's contact information
    3535 Martin Luther King Jr Blvd Lynwood, CA 90262
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3535 Martin Luther King Jr Blvd
    Lynwood, CA 90262
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3535 Martin Luther King Jr Blvd Lynwood, CA 90262
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.