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3346 Martin Luther King Jr Boulevard, Lynwood, CA 90262

Lynwood
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
3346 Martin Luther King Jr Boulevard,Lynwood, CA 90262
$1,395,000
  • 12 Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active
Listed by: michael shadgou
Office: coldwell banker realty
MLS#:CL26855073
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,395,000
  • Price per sq. ft.:$348.75

About this home

RARE AB 1482 RENT CONTROL OPPORTUNITY NOT SUBJECT TO LARSO. Built in 1983, this well-maintained fourplex offers investors a rare opportunity to acquire a multifamily asset outside of Los Angeles' local RSO, while remaining subject to California's AB 1482 statewide rent control. The property currently offers approximately 50% upside in rents, creating significant immediate value-add potential. At market rents, the property is projected to generate an 8.70% pro forma cap rate and 9.38 GRM at the reduced asking price of $1,395,000.The property consists of four spacious 3-bedroom/2-bath units of approximately 1,000 SF each, a highly desirable unit mix with strong rental appeal. Each unit features in-unit washer/dryer hookups, a private garage, and an additional covered carport space, providing a total of eight parking spaces. Situated on an expansive 8,710 SF LAR3-zoned lot, the property may offer additional value-add opportunities, including potential ADU development or future expansion,...

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Home facts

  • Year built:1983
  • Listing ID #:CL26855073
  • Added:112 day(s) ago
  • Updated:October 28, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:12
  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1983
  • Building area:4,000 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,395,000
  • Price per sq. ft.:$348.75
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at October 28, 2026 CA_BRIDGEMLS Member Broker: Alison Daniels

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