3030 Martin Luther King Jr Blvd Lynwood, CA 90262-1831
Property profile & analytics
3030 Martin Luther King Jr Blvd Lynwood, CA 90262-1831
- Manufacturing properties
- 5,400 SF
- 0.19 lot acres
Property ID
US09-8881157
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Center Termite Control Inc / Garden Center
Property Details for 3030 Martin Luther King Jr Blvd
- Year built
- 1957
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.19 lot acres
- Property size
- 5,400 SF
- Zone code
- LYC3*
- Property type
- Manufacturing properties
- APN
- 6170-025-003
- APU
- 6170025003
Description
This exceptional 5,400 square foot retail storefront, located at 3030 Martin Luther King Jr. Blvd in Lynwood, California (zip code 90262), presents a compelling investment opportunity. Situated on a 0.19-acre lot and zoned C-3, this Class C property offers significant potential for a variety of retail ventures. The building boasts two convenient roll-up doors, perfect for efficient loading and unloading of goods. A substantial 200-amp electrical panel ensures ample power for even the most demanding operations. The property also includes a private yard and office space, adding to its versatility and functionality. The high ceilings, offering a 14-foot clearance, provide ample space for storage or other operational needs. This property is available for a 1031 exchange, making it an attractive option for investors seeking tax-advantaged transactions. Its strategic location in Lynwood, Los Angeles County, offers excellent access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a well-equipped and strategically located retail space in a dynamic Southern California market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,300,000
- ML approach
- $1,300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $970,000
- 7%
- $900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,068,000
Market price range: $400k - $2.05M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,270,000 Current use
- RETAIL STORES
- $1,635,000 Change: +29% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,585,000 Change: +25% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Longitude
- -118.218
- Latitude
- 33.9371
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,674
$202,476
$303,717
$506,193
-
$0.00
$0.00
$0.00
