$1,075,000/mo

3535 Los Flores, Lynwood, CA 90262

  • 3,617 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon9,209sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $297/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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.

Listing Status:
Active
Date Added:
November 19, 2025 at 06:00AM
Listing Office:
Younglewin Advisors, Inc. : 562-318-0215
Listing Agent:
Jackson Jorgensen : 626-399-2415
MLS ID:
PW25263435
  • Laundry: None
  • Pool: None
  • Parking: Parking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 6191014020
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Jackson Jorgensen, Younglewin Advisors, Inc.

Location

Schools Nearby

T

Thurgood Marshall Elementary School

3593 Martin Luther King Jr Blvd, Lynwood, CA, 90262

Grades PK-5

0.20 miles away

C

Chavez Middle School

3898 Abbott Rd, Lynwood, CA, 90262

Grades 6-8

0.29 miles away

L

Lynwood High School

4050 E Imperial Hwy, Lynwood, CA, 90262

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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