3535 Los Flores, Lynwood, CA 90262
Local realty services provided by:ERA North Orange County Real Estate
3535 Los Flores,Lynwood, CA 90262
$1,075,000
- - Beds
- - Baths
- 3,617 sq. ft.
- Multi-family
- Active
Listed by: jackson jorgensen
Office: younglewin advisors, inc.
MLS#:PW25263435
Source:CRMLS
Price summary
- Price:$1,075,000
- Price per sq. ft.:$297.21
About this home
We are pleased to present 3535 Los Flores Blvd, a six-unit apartment building in the city of Lynwood to market. The property features a desirable layout consisting of a single-story four-unit building in the front, complemented by a two-unit structure situated above garages in the rear.
The asset offers strong cash flow from day one, operating at a 10.0 GRM and a 5.82% cap rate, with approximately 23% rental upside available. Achieving market rents would elevate the property to a pro forma 8% cap rate. Recent upgrades include the replacement of two of the six electrical subpanels, along with new individual water heaters installed for each unit.
Lynwood does not impose municipal rent control and is instead governed under AB-1482, allowing for higher annual rent increases compared to nearby cities.
Currently, the garage spaces beneath the rear building have been converted into individual storage units for tenants, offering flexible future use. A new owner may choose to restore them to functional garages, continue generating income through storage rentals, or convert the space into two ADUs to further increase revenue.
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Home facts
- Year built:1948
- Listing ID #:PW25263435
- Added:1 day(s) ago
- Updated:November 20, 2025 at 12:54 PM
Rooms and interior
- Living area:3,617 sq. ft.
Structure and exterior
- Year built:1948
- Building area:3,617 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,075,000
- Price per sq. ft.:$297.21
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