Lynwood Homes with Multi Level Stories

Welcome to Lynwood, California – a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and strong community spirit, Lynwood offers a unique blend of urban convenience and suburban charm. With its strategic location just a stone's throw from downtown Los Angeles, residents enjoy easy access to a myriad of entertainment, shopping, and dining options, while still relishing the comfort of a close-knit neighborhood atmosphere.

Lynwood is particularly appealing for families and individuals seeking homes with multi-level stories. These multi-story residences not only provide ample space for comfortable living but also offer the perfect canvas for your personal style. Imagine hosting gatherings in spacious living areas, retreating to serene bedrooms on upper levels, or creating a cozy nook for relaxation. The architectural variety in Lynwood means you'll find homes that range from classic designs to contemporary styles, all equipped with the modern amenities that cater to today's lifestyle.

The city is also home to numerous parks, schools, and community centers, making it an ideal place for families. Whether you’re strolling through the local parks or enjoying community events, Lynwood fosters a sense of belonging that is hard to find elsewhere.

With its affordable housing options, including beautiful multi-level homes, Lynwood stands out as a prime destination for those looking to plant roots in Southern California. Come explore the possibilities and discover your dream home in this thriving city!

Newest Lynwood Homes with Multi Level Stories

$1,395,000

12 Beds ⋅ 8 Baths ⋅ 26855073 MLS ⋅ Active 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 Boulevard, Lynwood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.