714-745-2708

3346 Martin Luther King Jr Boulevard, Lynwood, CA 90262

$1,395,000 Approx. USD 12 beds, 8 baths
4,000 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Michael Shadgou | michael@shadgourealestate.com
Lic#: 02116859
Broker: Courtesy of Coldwell Banker Realty
Phone: 310-741-9444

Agent Remarks

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, subject to buyer verification. Current pricing equates to just $348,750 per unit and $349 per SF, with a 5.14% current cap rate and 14.07 GRM. Conveniently located near shopping, schools, parks, public transportation, and major freeways, 3346 Martin Luther King Jr. Blvd. combines strong current income with substantial rental upside and compelling long-term value-add potential. 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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26855073

List price is $1,395,000 Reduced by $155,000 on 9/5/2026

Price: $1,395,000

Beds: 12

Baths: 8

Built in 1983

4,000 sqft

2 stories

0.20 acres

Lot size: 0.2000

County: Los Angeles

Property style: Mid-Century Modern

Zoning: LYR3*

Appliances: Gas Range

Parking description: Detached Carport,Door-Single,Garage

Heating/cooling: Central Air

Heating description: Central

MLS area: RM - Lynwood

Last Updated: 9/5/2026

Days On Market (DOM): 81

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This listing belongs to the RM - Lynwood MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 33.936318, -118.212028.
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