USACALynwood3535 Los Flores Blvd
3535 Los Flores Blvd | Image 1

Sold

$1,075,000

3 months ago

3535 Los Flores Blvd, Lynwood, CA

Condo

0 Bed

0 Bath

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MLS® PW25263435

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1948
MLS® Number PW25263435

Property Address: 3535 Los Flores Blvd, Lynwood, CA, 90262-2631

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberPW25263435
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1948
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jan 2, 2026End Date
$1,075,000Sold Price

Sold

Nov 19, 2025List Date
$1,075,000List Price
  • Commute

Commute

Starting Address
Destination Address
3535 Los Flores Blvd, Lynwood, CA

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