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    3535 Martin Luther King Jr Blvd Lynwood, CA 90262

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    For Sale
    $950,000

    Mixed-use property featuring residential and commercial spaces with income potential.

    Lot size:
    0.17 Acres

    Property Features for 3535 Martin Luther King Jr Blvd

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1962

    Source: Hudson Commercial Partners, Inc. Agent Jay Martinez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Potential

    This mixed-use property offers a unique opportunity for both owner-users and investors. The second floor features a residential apartment with a single-family home layout, containing three bedrooms and two bathrooms, and is currently configured as a four-bedroom unit. The seller has vacated this space, presenting a live/work opportunity for a buyer or the potential for market-rate rental income for an investor. A detached two-car garage, approximately 550 square feet, is also available and can be leased out for additional income. The first floor is occupied by three street-level tenants: two Central American restaurants and a barbershop. An investor can potentially achieve over an 8% cap rate based on reasonable market rent assumptions. A retail business operator may be able to purchase the property with 80% owner-user conventional financing, provided they intend to occupy at least 35% of the premises.
    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
    -118.207783
    Latitude
    33.936564

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring residential and commercial spaces with income 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.
    What are key features of this property?
    This property features: - Mixed-use property offering live/work opportunity or investment potential.; - Potential for over 8% Cap Rate with market rent assumptions.; - **Vacant 3-bedroom/2-bath apartment on the second floor** (currently used as 4-bedroom).
    (310) 658-3375
    Request Owner's contact information
    3535 Martin Luther King Jr Blvd Lynwood, CA 90262
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    Lynwood, CA 90262
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    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
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