Lynwood Real Estate

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Newest Listings in Lynwood

$875,000

5 Beds ⋅ 2 Baths ⋅ ACTIVE Status

A MUST SEE. Two on One lot for the first time in 50 years. Welcome to 3117 Oakwood Avenue, an exciting opportunity offering income potential, ownership flexibility, and long-term value in Lynwood. With two residences on one lot, this property offers options for investors, and those considering multigenerational living. The two-residence configuration provides flexibility to accommodate different ownership goals. Continue operating the property as a rental investment, explore occupying one residence while leasing the other, or plan for extended-family living, subject to existing tenancies and applicable requirements. Separate living spaces offer privacy while keeping both residences within one property. For investors, 3117 Oakwood Avenue presents an opportunity to establish or expand a residential rental portfolio. For owner-users, it offers the possibility of combining homeownership with rental income. ALREADY RENOVATED- Owner has rewired the electrical system, installed new gutters, updated flooring, graded the backyard (yes there is a yard too), etc. Whether your priority is rental income, shared family living, or building equity through real estate, 3117 Oakwood Avenue deserves a closer look. The front house is one level and has 3 bedrooms and 1 bath. The back apartment is upstairs over the carport has 2 bedrooms and 1 bath. There is ample private parking for approx 10-12 cars. This is a rare gem. DO NOT DISTURB TENANTS.

3117 Oakwood Ave, Lynwood

Courtesy of LA Realty & Development, Lyric Joseph-Armstrong - CA DRE#01833678

$2,700,000

33 Beds ⋅ 17 Baths ⋅ ACTIVE UNDER CONTRACT Status

We are pleased to present 10965 Wright Road, an11-unit multifamily investment opportunity in Lynwood. Built in1950 & 1962, the property sits on a large 29,465 SF lot with approximately 12,780 SF of gross building area. A diverse unit mix of five two-bedroom/one-bath units, one three-bedroom/two-bath, and five rear four-bedroom/two-bath units caters to a wide range of renter profiles. The oversized 29,465 SF lot offers ample space for future value add potential through ADU development by converting the exterior carports into units (buyer to verify). The property is separately metered for gas and electric. A gated entrance provides tenants with a secure, controlled access living environment. Dual entrances, one at the front and one at the rear of the property, offer added convenience and flexibility in designing future ADU development. On-site community laundry, equipped with two washers and two dryers, contributes to in-place ancillary income alongside utility reimbursements and parking income, with notable additional upside available through renting out more storage to tenants. Offered at $2,700,000 ($245,455/unit, $211/SF), reflecting a7.03% current cap rate and 8.40 GRM on in-place income.

10965 Wright Rd, Lynwood

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

3346 Martin Luther King Jr Blvd, Lynwood

$1,395,000

12 Beds ⋅ 8 Baths ⋅ ACTIVE UNDER CONTRACT 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 Blvd, Lynwood

Courtesy of Coldwell Banker Realty, Michael Shadgou - CA DRE#02116859

$3,250,000

ACTIVE UNDER CONTRACT Status

We are pleased to present a 65,492 SF triple-lot multifamily redevelopment opportunity located at 3150-3162 Euclid Avenue, Lynwood, California. The subject property is located in a solid Lynwood location, west of N Long Beach Boulevard and north of E Rosecrans Avenue. Originally owner-occupied by a non-profit, this redevelopment opportunity will be delivered vacant with no history of leases. Totaling 65,492 SF across three (3) concurrent parcels with multifamily R-3 zoning, a developer can build up to 27 market rate units by-right, or 143 units by-right satisfying Lynwood's affordability requirements. This, in conjunction with the state density bonus under AB 2334, allows for over 250+ units ministerially. The site is located in a Qualified Census Tract(QCT) for 2025 & 2026. Residents will appreciate convenient access to the -105 freeway leading to major employment hubs in Inglewood & El Segundo to the west, and the -710 freeway leading south to Long Beach and north Los Angeles.Situated in a solid Lynwood location, this offering presents a rare opportunity to acquire three (3) concurrent redevelopment sites at once totaling 65,492 SF with ministerial approval available for north of 250+ units.

3150 -62 Euclid Ave, Lynwood

Courtesy of CBRE, John Boyett - CA DRE#02056759

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Lynwood Real Estate

Newest Listings in Lynwood

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