Renovated Multifamily Apartment
For Sale
Contact for pricing
3546-3550 Los Flores Boulevard, Lynwood, CA 90262
Modernly renovated apartment community in Lynwood with units featuring private patios and balconies.
Property Size17,637 SF
Price / SF$317.51
Days on Market61
Property Features for 3546-3550 Los Flores Boulevard
General Information
Standard status
Active
Size
17,637 SF
Class
C
Property subtype
Multifamily
Net Operating Income
$389,762
Building Details
Year Built
1961
Year Renovated
1961
Buildings
2
Stories
2
Units
22
Tenancy
Multi
Listing Agency:
Morgan Skenderian Investment Real Estate Group
Listed By:
Doug Rodermund · License #01314304
(949) 251-8800
Source:
Crexi
Added: Jul 7
Changed: Aug 24
Last Checked: Aug 29 at 7:02AM
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 Morgan Skenderian Investment Real Estate Group
Investment Insights
Based on property information with market context.
Palm Villa Apartments is a for-sale multifamily apartment community at 3546-3550 Los Flores Boulevard in Lynwood, CA 90262. The property has been modernly renovated inside and out and features lush landscaping across spacious grounds designed to support tenants’ quiet enjoyment.
Residential units at Palm Villa are laid out with large floorplans and offer private outdoor space, including patios and balconies.
The ownership opportunity is being offered for sale for the first time in 44 years.
Residential units at Palm Villa are laid out with large floorplans and offer private outdoor space, including patios and balconies.
The ownership opportunity is being offered for sale for the first time in 44 years.
Key Highlights
- 1961‑built apartment community in Lynwood, CA
- Modernly renovated inside and out
- Units feature large floorplans with private patios and balconies
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
$283,793
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
5.07%
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%
$5,675,860
$5.7M
Cap Rate 7%
$4,054,186
$4.1M
Cap Rate 9%
$3,153,256
$3.2M
Market Conditions
NOI Build-Up for 17,637 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
$560.9K $31.80/SF
− Vacancy
−$44.9K −$2.54/SF
EGI
$516.0K $29.26/SF
− OpEx
−$232.2K −$13.17/SF
NOI
$283.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
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%
$5,675,860
Cap Rate 7%
$4,054,186
Cap Rate 9%
$3,153,256
Alternative Uses
Best Use
Apartment 5plus
$4.05M
$3.55M – $4.73M
NOI $283,793 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.44M
$8.26M – $11.02M
NOI $660,995 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,829
Businesses Nearby
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Modernly renovated apartment community in Lynwood with units featuring private patios and balconies.
Where is this apartment building located?
The property is located at 3546-3550 Los Flores Boulevard Lynwood, CA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 1961‑built apartment community in Lynwood, CA; Modernly renovated inside and out; Units feature large floorplans with private patios and balconies
