3535 Los Flores, Lynwood, CA 90262
- $1,075,000
- Sold Price
- $1,075,000
- List Price
- $1,075,000
- Closing Date
- Feb 13, 2026
- Status
- CLOSED
- MLS#
- PW25263435
- Year Built
- 1948
- Lot Size
- 9,209
- Acres
- 0.21
- Lot Location
- Rectangular Lot
- Days on Market
- 44
- Property Type
- Multifamily
- Property Sub Type
- Apartment
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.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $107,100
- Operating Expense
- 41294
Listing courtesy of Listing Agent: Jackson Jorgensen (jack@younglewin.com) from Listing Office: Younglewin Advisors, Inc..
Listing sold by Ryan Gonzalez from Lyon Stahl Investment Real Est
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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.