Properties

Lynwood, CA 90262 3535 Martin Luther King Jr Boulevard

Presented By: Jay Martinez with Hudson Commercial Partners, Inc.; 310-658-3375
  • MLS# SR17223206
  • 09/26/2017
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  • SQFT • 4,671

Home Details

Hudson Partners has been exclusively retained to market the sale of this mixed-use opportunity. The Seller has vacated the second floor which is a legal three bedroom and two bath apartment, but being used a 4 bedroom with a single family home layout. Buyer has a live/work opportunity or allowing an Investor to rent out at market rents. There is a +/- 550 sf two-car garage which Seller will vacate as well. This additional structure can be leased out providing another supplemental income stream. The first floor has three street level tenants, two Central American restaurants, and a Barbershop in the middle. An Investor can achieve over an 8 Cap Rate, with reasonable market rent assumptions. On the other hand, a retail business operator can purchase this property with 80% Owner-user conventional financing, if their intentions are to occupy the premises with the required percentage of 35%.
Presented By: Jay Martinez with Hudson Commercial Partners, Inc.; 310-658-3375

Interior Features for 3535 Martin Luther King Jr Boulevard

Other Interior Features

Heating Y/NYes
Laundry FeaturesOutside
Total Stories2

General for 3535 Martin Luther King Jr Boulevard

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLynwood
CountyLos Angeles
Directions3 point intersection
HeatingForced Air
Land Lease Y/NNo
Lot Size Square Feet7247
Lot Size UnitsSquare Feet
MLS AreaRM - Lynwood
Occupancy TypeVacant
PostalCityLYNWOOD
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Year Built1962

Exterior for 3535 Martin Luther King Jr Boulevard

Building Area Total4671
Lot FeaturesCorner Lot
Lot Size Acres0.1664
Lot Size Area7247
Lot Size SourceAssessor
Water SourcePrivate

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $950,000
MLS#SR17223206
List Date 09/26/2017
Property Type Commercial
Phone 888.795.6274
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