Lynwood Homes with Multi Level Stories

Welcome to Lynwood, California – a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and community spirit, Lynwood offers a unique blend of urban convenience and suburban charm. With its close proximity to downtown Los Angeles, residents enjoy easy access to a plethora of shopping, dining, and entertainment options, while still reveling in the warmth of a tight-knit community.

Lynwood is particularly renowned for its family-friendly atmosphere, with numerous parks, recreational facilities, and educational opportunities that cater to residents of all ages. The city is also home to a variety of annual events and festivals that celebrate its diverse heritage, making it a place where neighbors become friends and memories are made.

When it comes to real estate, Lynwood boasts an impressive array of homes, including stunning multi-level properties that cater to a variety of lifestyles. These homes are perfect for families seeking extra space, featuring expansive layouts that provide room for both relaxation and entertainment. With multiple stories, these residences often come equipped with modern amenities, spacious living areas, and beautiful outdoor spaces, ideal for enjoying California's sunny weather.

Whether you’re looking for a cozy family home or a stylish abode with ample room to grow, Lynwood's multi-level homes offer the perfect blend of comfort and functionality. Explore the possibilities in this charming city and discover why Lynwood is the perfect place to call home!

Newest Lynwood Homes with Multi Level Stories

$1,395,000

12 Beds ⋅ 8 Baths ⋅ 26855073 MLS ⋅ Active Status

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.

3346 Martin Luther King Jr Boulevard, Lynwood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.