Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3637 Martin Luther King Jr Blvd Lynwood, CA 90262

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,500 /Mo

    Modern medical office space for rent near Saint Frances Hospital.

    Lot size:
    0.17 Acres

    Property Features for 3637 Martin Luther King Jr Blvd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.17 Acres

    Building Details

    Year built
    1958

    We can help!

    Listing Contact
    Harry Alexander
    Source: Elliman

    Listing Agency: Equity North Investments Inc. Listing Agent: Harry Alexander

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

    Learn more

    Overview

    Modern Medical Office Space Available

    This modern medical building is located directly across from Saint Frances Hospital. The available space, Unit B, comprises approximately 3,290 square feet. The unit features a modern layout with two waiting rooms, seven examination rooms, and two offices. Currently operating as a urology office, the space is fully equipped. The renovated space includes well-appointed examination rooms, a welcoming patient reception area, and efficient administrative offices. The property offers a solution for a medical group looking to establish or expand their presence. The building is also available for purchase and is ideal for medical professionals seeking to own their own office space. The property benefits from its strategic location and on-site parking, with proximity to major freeways and nearby medical facilities.
    Location Intelligence

    Current Use by Public Records

    Dr. Michael B. ... Pediatrician Dana Scott Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    South Gate Dog - Cat Hospital, Lynwood Dog and Cat Hospital, Daniel Santamaria Lier, Stewart W H DVM

    Location Insight

    • Map
    • Local Demand
    City
    Lynwood
    County
    Los Angeles
    State
    California
    Longitude
    -118.2012921
    Latitude
    33.9298173

    Nearby Similar for Lease

    • $3,700 /Mo
      2,000 SF

      Lynwood Commercial Space For Lease

      Retail, showroom, or office space with excellent accessibility.
      11628 Atlantic Ave, Lynwood, CA 90262
      View Details
    • $1,700 /Mo

      Retail Space Beauty Salon

      Retail space with equipment included, potential for growth.
      5003 Abbott Rd, Lynwood, CA 90262
      View Details
    • $1.50 SF/Yr
      7,400 SF

      Lynwood Retail Space For Lease

      Prime Lynwood location, flexible retail space.
      3632 Imperial Hwy, Lynwood, CA 90262
      View Details
    • $24 SF/Yr
      21,239 SF

      Atlantic Ave Commercial Space

      Lynwood, CA retail & office space available
      10901-10923 Atlantic Ave, Lynwood, CA 90262
      View Details
    • Contact for pricing
      44,530 SF

      Lynwood Retail Center Investment

      High-traffic Lynwood retail space available
      3100 Imperial Hwy, Lynwood, CA 90262
      View Details
    • Contact for pricing
      3,471 SF

      Medical Office Space Available

      Class B medical office building with suites available for rent.
      3680 E Imperial Hwy, Lynwood, CA 90262
      View Details
    • $27 SF/Yr
      3,500 SF

      Lynwood Auto Shop Warehouse

      Prime 3,500 SF Auto Shop Space
      2805 Los Flores Blvd, Lynwood, CA 90262
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Modern medical office space for rent near Saint Frances Hospital.
    Where is this medical office space located?
    The property is located at 3637 Martin Luther King Jr Blvd Lynwood, CA.
    What is the lease rate?
    The lease rate is $7,500 /Mo.
    What are key features of this property?
    This property features: - Directly across from Saint Frances Hospital; - Turnkey medical office space, fully equipped and currently operating as a Urology office; - Modern, renovated space with functional layout featuring 2 waiting rooms, 7 examination rooms, and 2 offices
    (562) 285-0888
    Request Owner's contact information
    3637 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.
    3637 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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3637 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Harry Alexander
    Real Estate License ID: 00664511
    (562) 285-0888
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!