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Millman Team Real Estate

$1,550,000
12 Bed
8 Bath
4,000 Sqft
0.20 Acre Lot

3346 Martin Luther King Jr Boulevard, Lynwood, California 90262

  • Residential Income Property Type
  • 4,000 Sqft Square Footage
  • Garage Cars Garage
  • 1983 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26855073
$1,550,000
None
12
8
4,000 Sqft
1983
0.20 Acre
Active
1
Features
: Central
: Central Air
: Garage, Door-Single, Detached Carport
: Mid-Century Modern
$0
Appliances
: Gas Range
Address Map
CA
Los Angeles
Lynwood
90262
Martin Luther King Jr
3346
Boulevard
W119° 47' 16.7''
N33° 56' 10.7''
105 East, North on Long Beach Blvd, Right on Martin Luther King Jr. Blvd., building on your right.
RM - Lynwood
LYR3*
Additional Information
$0
$0
$0
$0
$0
4000
: Gated
4.0
: Two, Multi/Split
4
2026-07-07
2
Broker/Agent Information
Coldwell Banker Realty
Michael Shadgou
Listing Information
CLW-C135362
CLW-L2000175
Active
2026-07-15T07:14:10Z
CRMLS
: Standard
2026-07-07T00:00:00Z
Agent info
Ray Millman
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