Property Details
About this Property
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 Listing Information
MLS #
CRPW25263435
MLS Source
California Regional MLS
Days on Site
16
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3535 Los Flores is a Residential Income in Lynwood, CA 90262. This – square foot property sits on a 9,209 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,075,000 and was built in 1948. This address can also be written as 3535 Los Flores, Lynwood, CA 90262.
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This listing information is up-to-date as of November 20, 2025. For the most current information, please contact Jackson Jorgensen
