New search
Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Retail space
3586 Martin Luther King Jr Blvd, Lynwood, CA 90262-2049
Trust Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8871078
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
4,600 SF
Lot
0.31 ac (13,646 SF)
Zoning code
LYC2*
APN
6191-016-001
UPID
US09-8871078
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
-
Lynwood Car Accident Lawyer Law Firm
-
Raspados El Crystal Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$990k
Owner & transaction history
Choi Seong Y & J A 2012 Trust · 14 yrs held
Choi Seong Y & J A 2012 Trust
since 2012
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,395,000
Current use
WAREHOUSE, STORAGE
$1,350,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$215 / SF
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
$15,104
Tax year 2024
Assessed value
$906,329
Assessed 2024
Previous assessed
$906,329
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$228,638
Assessed improvement
$677,691
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
5
Total area
4,600 SF
Lot
0.31 ac (13,646 SF)
Zoning code
LYC2*
APN
6191-016-001
UPID
US09-8871078
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
5
Lot
0.31 ac
Current owner
From public records · entity-resolved
Choi Seong Y & J A 2012 Trust
Trust
Mailing address
9723 MANZANAR AVE, DOWNEY, CA 90240-3321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Jun 11, 2012
—
Choi Seong Y & J A 2012 Trust
Choi,seong Y & Jung A
Quit Claim Deed
related
—
Feb 14, 2002
—
Seong Y Choi
Choi,j A
Quit Claim Deed
related
—
Oct 24, 1990
$62,000
Choi Seong Y & Y
Guardian Trust
Trustees Deed
related
—
Oct 24, 1990
$122,000
Shin Yong S & Ju
Amoah Ebenezer
Trustees Deed
related
—
Feb 26, 1988
—
Ebenezer Amoah
Amoah
Quit Claim Deed
related
—
Feb 26, 1988
$81,409
Ebenezer Amoah
Pala
Trustees Deed
related
—
—
—
Ebenezer Amoah
—
Deed Of Trust
related
$19,550 · Allen Melvin F
—
—
Seong Y Choi
—
Deed Of Trust
related
$230,000 · Bank Of America
—
—
Seong Y Choi
—
Deed Of Trust
related
$300,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3586 Martin Luther King Jr Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
