3566 Mulford Avenue #1, Lynwood, CA 90262 - Berkshire Hathaway HomeServices California Properties

3566 Mulford Avenue #1, Lynwood, CA 90262

$1,075,000 Approx. USD 0 beds, 0 baths

Listing Agent


Cameron Samimi | cameron@lyonstahl.com
Lic#: 02035763
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Michael Padilla | mspg416@yahoo.com
Lic#: 01993341
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

Highest cash flow 4 Plex in the city on a oversized lot! 3566 Mulford Ave is a renovated 4plex located in Lynwood currently operating at a 5.63% Cap Rate and 12.46 GRM. Ideal opportunity for any value-add investor or owner user looking to live in one unit while your tenants pay your mortgage. This 2,161 square foot building is situated on a 8,939 square foot lot, zoned LYR3. Tremendous opportunity for a buyer to build either 2 or 4 ADUS on-site using new Senate Bill SB1211. With just two ADUs, a buyer can reach a 11.32% CAP Rate or a 16.48% cap rate with building 4. There are four single car garages in the rear that can be converted to an ADU and have an ADU built on top while maintaining parking, or you can remove parking all together and add an additional 4 units to the rear. The property features new double pain windows, individual garages, large common area behind the garages and individual water heaters. This is one of the best cash flowing assets in Lynwood. Ownership has completed interior renovations, exterior stucco and paint, added duel-paned vinyl windows, replaced the roof and garage doors. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! The subject property is located on a residential street with pride of ownership homes. It is in close proximity to Lynwood Park/Sports Complex/Recreation Area, City Hall, Henning Youth Center, St. Francis Medical Center and Plaza Mexico. OM in supplements.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SB25008087
List price is $1,075,000 Reduced by $75,000 on 3/25/2025
Price: $1,075,000
Beds: 0
Baths: 0
Built in 1948
0.21 acres
Lot size: 0.2052
County: Los Angeles
Zoning: LYR3YY
Lot description: ZeroToOneUnitAcre
MLS area: RM - Lynwood

Last Updated: 3/25/2025

 Days On Market (DOM): 116

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This listing belongs to the RM - Lynwood MLS area

Lat/Long: 33.926909, -118.206868.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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