Mixed-Use Property with Income
For Sale
$950,000
Pending
3535 Martin Luther King Jr Blvd, Lynwood, CA 90262
Mixed-use property featuring residential and commercial spaces with income potential.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market269
Property Features for 3535 Martin Luther King Jr Blvd
General Information
Standard status
Pending
Lot size
0.17 Acres
Property subtype
Commercial
Building Details
Year Built
1962
Listing Agency:
Kidder Mathews
(310) 658-3375
Listed By:
Jay Martinez · License #01367663
Source:
Elliman
Added: Nov 27, 2025
Changed: Jul 6
Last Checked: Jul 23 at 8:37AM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,041
Businesses Nearby
253k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Groceries 18%
Dining 14%
Home Improvements & Furnishings 6%
Smart & Final
Groceries
46,630 visits/mo
0.4 miles
dd's DISCOUNTS
Shops & Services
32,833 visits/mo
0.5 miles
Dollar Tree
Shops & Services
26,396 visits/mo
0.5 miles
Wells Fargo
Shops & Services
17,137 visits/mo
0.5 miles
Shell
Shops & Services
15,322 visits/mo
0.5 miles
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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).
