Freestanding Commercial Building with
For Sale
$1,500,000
3152 Martin Luther King Jr, Lynwood, CA 90262
Modern freestanding building built circa 2020 with ample parking and LY-C3 Heavy Commercial zoning for many business uses.
Property Size2,480 SF
Lot Size0.28 Acres
Price / SF$604.84
Days on Market113
Property Features for 3152 Martin Luther King Jr
General Information
Standard status
Active
Size
2,480 SF
Lot size
0.28 Acres
Property subtype
Retail
Zoning
LY-C3
Building Details
Building Size
2,480 SF
Year Built
2020
Listing Agency:
Home Team Realty
Listed By:
Mary Ruth Tandoc-Salud · License #01229291
(310) 350-1764
Source:
Archetyperealty
Added: May 18
Changed: Sep 5
Last Checked: Sep 6 at 11:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Team Realty
Investment Insights
Based on property information with market context.
This modern freestanding commercial property was built circa 2020 and includes approximately 2,480 square feet of building space on a 12,405 square foot lot with ample parking. The site is designed for versatile business use, supported by a wide range of permitted options under LY-C3 Heavy Commercial zoning.
The property is positioned on a busy commercial corridor in Lynwood, described as high-traffic and well accessible throughout Los Angeles County. BikeScore is listed as 56 (bikeable) and walkScore as 69 (somewhat walkable).
Permitted uses cited for the property include retail and service-oriented businesses such as coffee shops, restaurants, medical and dental offices, and wellness uses. The listed permitted options also include a broad mix of other categories, including barber and beauty services, pet grooming, dry cleaners, convenience markets, offices for real estate and financial services, and various community- and event-related concepts.
The property is positioned on a busy commercial corridor in Lynwood, described as high-traffic and well accessible throughout Los Angeles County. BikeScore is listed as 56 (bikeable) and walkScore as 69 (somewhat walkable).
Permitted uses cited for the property include retail and service-oriented businesses such as coffee shops, restaurants, medical and dental offices, and wellness uses. The listed permitted options also include a broad mix of other categories, including barber and beauty services, pet grooming, dry cleaners, convenience markets, offices for real estate and financial services, and various community- and event-related concepts.
Key Highlights
- Built circa 2020 modern freestanding commercial building with approximately 2,480 SF
- 12,405 SF lot with ample parking
- LY‑C3 Heavy Commercial zoning with extensive permitted uses including retail, restaurant, medical, office, and service businesses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,097,380
$1.1M
Cap Rate 7%
$783,843
$783.8K
Cap Rate 9%
$609,656
$609.7K
Market Conditions
NOI Build-Up for 2,480 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.9K $33.84/SF
− Vacancy
−$5.5K −$2.23/SF
EGI
$78.4K $31.61/SF
− OpEx
−$23.5K −$9.48/SF
NOI
$54.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,097,380
Cap Rate 7%
$783,843
Cap Rate 9%
$609,656
Alternative Uses
Best Use
Retail
$783.8K
$685.9K – $914.5K
NOI $54,869 @ 7.0% cap · market cap 3.66%
Second Best
Office B
$774.4K
$677.6K – $903.5K
NOI $54,211 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,945 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,647
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flower Delivery Lynwood — 3170 e imperial hwy, lynwood, ca 90262
- Reyna Flower Shop — 3100 E Imperial Hwy, Lynwood, CA 90262
- Flowers On Your Day — 11222 Long Beach Blvd Suite B, Lynwood, CA 90262
- Beautiful Moments Florist Lynwood — 11326 long beach blvd, lynwood, ca 90262
- Flower Delivery Lynwood — 3173 E Imperial Hwy, Lynwood, CA 90262
Frequently Asked Questions
What type of property is this?
Storefront property - Modern freestanding building built circa 2020 with ample parking and LY-C3 Heavy Commercial zoning for many business uses.
Where is this storefront property located?
The property is located at 3152 Martin Luther King Jr Lynwood, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Built circa 2020 modern freestanding commercial building with approximately 2,480 SF; 12,405 SF lot with ample parking; LY‑C3 Heavy Commercial zoning with extensive permitted uses including retail, restaurant, medical, office, and service businesses
