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For sale
  • $1,550,000

    3346 Martin Luther King Jr Blvd, Lynwood, CA 90262

    12beds
    8baths
    4,000sqft
    : 
    $10,853/mo
    Get pre-qualified
    Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $388/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity to acquire a well-maintained fourplex built in 1983, situated on an expansive approximately 8,710 square foot lot. The property consists of four spacious 3-bedroom, 2-bath units, each offering approximately 1,000 square feet of living space, creating an attractive unit mix that is consistently in demand. Designed for tenant comfort and long-term occupancy, every unit features washer and dryer hookups, a private garage, and an additional covered carport parking space amenities that help attract and retain quality tenants. Several units were remodeled in 2000 and have been thoughtfully updated and maintained over the years as needed, reflecting pride of ownership throughout the property. An additional advantage is that the property is not subject to local rent control, providing investors with greater flexibility for future rental adjustments in accordance with applicable California law. The multifamily zoning may provide additional value-add opportunities, including the potential for ADU development or future expansion, subject to buyer verification with the City. Ideally located with convenient access to shopping, schools, parks, public transportation, and major freeways, this turnkey asset presents an outstanding opportunity for investors seeking stable income with long-term appreciation potential.
    31 days
    |
    132
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Shadgou DRE # 02116859 310-741-9444,

    Coldwell Banker Realty 310-820-6651

    Source: CLAW,MLS#: 26855073MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas/Electric Range, Range/Oven, Gas Water Heater
      • Laundry: Gas Dryer Hookup
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Detached Carport, Garage Is Detached, Garage - 1 Car, Driveway Gate
      • Garage spaces: 4
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split,Two
      • Has view: Yes
      • View description: None
      Lot
      • Size: 8,712 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 6191001025
      • Zoning: LYR3*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mid-Century
      • Property subtype: Multi Family
      Materials
      • Roof: Flat
      Condition
      • Year built: 1983

      Community & HOA

      Community
      • Security: Gated
      Location
      • Region: Lynwood

      Financial & listing details

      • Price per square foot: $388/sqft
      • Tax assessed value: $497,824
      • Annual tax amount: $8,362
      • Date on market: 7/7/2026
      • Tenant pays: Gas, Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Listed for sale$1,550,000$388/sqft
        Source: CLAW #26855073 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,362 +8.3%$497,824 +2%
        2024$7,722 +0.7%$488,064 +2%
        2023$7,667 +3.5%$478,495 +2%
        2022$7,407 +3.8%$469,114 +2%
        2021$7,134 +4%$459,917 +1%
        2020$6,863 $455,203 +2%
        2019$6,863 +3%$446,278 +2%
        2018$6,660 $437,528 +2%
        2017$6,660 -1.3%$428,950 +2%
        2016$6,750 +9%$420,540 +1.5%
        2015$6,195 +4%$414,224 +2%
        2014$5,954 $406,110 +5.3%
        2010-- $385,676 +3.8%
        2007-- $371,583 +2%
        2006-- $364,298 +6%
        2003-- $343,738 +2%
        2002-- $336,999 +4%
        2000-- $323,914
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90262

        Getting around

        88 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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