For sale · Active Under Contract (Backup)

3535 Martin Luther King Jr Boulevard

Lynwood, CA 90262

$950,000
Lot size0.1664 acres
Property typeMixed Use
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Listing broker / agent: Hudson Commercial Partners, Inc. · Jay Martinez · 310-658-3375 · CRMLS

MLS # SR17223206 · Last checked Nov 14, 2026 19:32 UTC

About this property

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%.

Property details

MLS number
SR17223206
Status
Active Under Contract (Backup)
Type
Commercial Sale
Subtype
Mixed Use
Lot size
0.1664 acres
County
Los Angeles
Year built
1962
More property detailsExpandCollapse

Listing

Days on market
2,513

Building

Year built
1962
Building stories
2

Rooms & interior

Heating
Forced Air
Laundry
Outside

Exterior & parking

Lot features
Corner Lot
Lot size source
Assessor

Utilities & community

Water
Private
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Cesar Chavez Middle (school website, opens in a new tab) Lynwood Unified · Lynwood 7–8 0.2 mi
Thurgood Marshall Elementary (school website, opens in a new tab) Lynwood Unified · Lynwood K–6 0.3 mi
Roosevelt Elementary (school website, opens in a new tab) Lynwood Unified · Lynwood K–6 0.4 mi
Lincoln Elementary (school website, opens in a new tab) Lynwood Unified · Lynwood K–6 0.6 mi
San Miguel Elementary (school website, opens in a new tab) Los Angeles Unified · South Gate K–5 0.7 mi
Victoria Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · South Gate K–5 0.7 mi
Madison Elementary (school website, opens in a new tab) Los Angeles Unified · South Gate K–5 0.8 mi
Hosler Middle (school website, opens in a new tab) Lynwood Unified · Lynwood 7–8 0.8 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$950,000
MLS-reported original asking price
$950,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 8, 2026 18:07$950,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Lynwood

Active residential homes for sale in Lynwood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings18Current authorized inventory
Median asking price$727,45018 listings with a valid price
Median asking price / sq ft$501.3218 listings with confirmed sq ft
Median days on market1818 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction3
Listings with an increase2

5 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 21:06 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

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