• Broker Nicholas Petrosian 9496077096
  • Broker Juan Cardenas 5625875494

3601 Los Flores Blvd 4 Unit Apartment Building Offered at $1,025,000 at a 4.32% Cap Rate Lynwood, CA 90262

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INVESTMENT HIGHLIGHTS

  • Outstanding Rental Location Near St. Francis Medical Center
  • 100% Single Story Units with (4) Detached Single Car Garages
  • Upside in the Rental Income
  • Great Unit Mix: (2) 2-Bed / 1-Bath & (1) 1-Bed / 1-Bath
  • 11.98 GRM & 4.32% Cap Rate on Current Income
  • On-Site Laundry Facility

EXECUTIVE SUMMARY

We are proud to present 3601 Los Flores Boulevard, a 100% single-story, 4-unit multifamily investment opportunity located near St. Francis Medical Center in Lynwood. This desirable property offers an attractive unit mix consisting of (2) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. The building spans 2,561 square feet on a 9,210 square foot lot, with each unit separately metered for gas and electricity. The owner is currently responsible for water, trash, and common area gas and electric. Additional income exists through the onsite laundry facility, and parking includes four detached single-car garages. Lynwood is not subject to local rent control regulations, only California's statewide rent cap (AB 1482) applies, providing flexibility for rent increases. With below-market rents and room for income growth, this property presents a compelling investment opportunity in a strong rental market. No units will be delivered vacant--property will be delivered 100% tenant occupied.

PROPERTY FACTS

Price $1,025,000 Lot Size 0.21 AC
Price Per Unit $256,250 Building Size 2,561 SF
Sale Type Investment Average Occupancy 100%
Cap Rate 4.32% No. Stories 1
Gross Rent Multiplier 11.98 Year Built 1949
No. Units 4 Parking Ratio 1.56/1,000 SF
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning LYR3
Price $1,025,000
Price Per Unit $256,250
Sale Type Investment
Cap Rate 4.32%
Gross Rent Multiplier 11.98
No. Units 4
Property Type Multifamily
Lot Size 0.21 AC
Building Size 2,561 SF
Average Occupancy 100%
No. Stories 1
Year Built 1949
Parking Ratio 1.56/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning LYR3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - -
1+1 2 - -
Walk Score®
Very Walkable (81)

PROPERTY TAXES

Parcel Number 6191-013-020 Improvements Assessment $64,430
Land Assessment $49,872 Total Assessment $114,302

PROPERTY TAXES

Parcel Number
6191-013-020
Land Assessment
$49,872
Improvements Assessment
$64,430
Total Assessment
$114,302

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ADDITIONAL PHOTOS

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  • Listing ID: 35997630

  • Date on Market: 5/27/2025

  • Last Updated: 6/13/2025

  • Address: 3601 Los Flores Blvd, Lynwood, CA 90262