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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3500 Martin Luther King Jr Blvd, Lynwood, CA 90262-2010
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-6623640
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1958
Total area
1,484 SF
Lot
0.33 ac (14,224 SF)
Zoning code
LYC2*
APN
6191-015-011
UPID
US09-6623640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
7 10 Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vincent S Chang · 23 yrs held
Vincent S Chang
since 2003
7 recorded transactions
Zoning & alternative use
LYC2* · Lynwood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,310
Tax year 2024
Assessed value
$752,546
Assessed 2024
Previous assessed
$752,546
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$390,471
Assessed improvement
$362,075
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1958
Heating
NONE
Stories
1
Total area
1,484 SF
Lot
0.33 ac (14,224 SF)
Zoning code
LYC2*
APN
6191-015-011
UPID
US09-6623640
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LYC2* · Lynwood, CA
Zoning LYC2* · permitted uses
LYC2* · Lynwood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Vincent S Chang
Individual
Mailing address
3500 MARTIN LUTHER KING JR BLVD, LYNWOOD, CA 90262-2010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2003
$530,000
Vincent S Chang
Kang,won K & Im S
Grant Deed
$344,500 · Hanmi Bank
Jun 10, 1998
$285,000
Won K Kang
Ee,jae S & In S
Grant Deed
$242,250 · Saehan Bank
Oct 25, 1989
$195,000
Jae S Lee
Yun
Grant Deed
$180,000 · California Korea Bank
—
—
Vincent S Chang
—
Deed Of Trust
related
$200,000 · Yong C Tahk
—
—
Vincent S Chang
—
Deed Of Trust
related
$546,000 · Hanmi Bank
—
—
Vincent S Chang
—
Deed Of Trust
related
$655,000 · Centerbank
—
—
Jae S Lee
—
Deed Of Trust
related
$125,000 · California Korea Bank
—
—
Vincent S Chang
—
Deed Of Trust
related
$526,500 · Woori America Bank
—
—
Won K Kang
—
Deed Of Trust
related
$40,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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