Lynwood Homes with Detached Carport Parking features

Lynwood Homes with Detached Carport Parking features

Welcome to Lynwood, California – a vibrant city nestled in the heart of Los Angeles County, where community spirit thrives amidst a backdrop of rich cultural diversity. Known for its friendly neighborhoods and convenient location, Lynwood is just a stone's throw from the bustling urban life of Los Angeles, offering residents both tranquility and accessibility. With its warm climate, beautiful parks, and a variety of local shops and eateries, Lynwood is a place where you can truly feel at home.

When it comes to housing, Lynwood boasts a selection of charming homes that cater to a range of lifestyles. One of the standout features of many properties in this area is the availability of detached carport parking. This thoughtful design not only provides convenience but also enhances the aesthetic appeal of the homes. Imagine returning to your cozy abode after a long day, where your vehicle is safely parked just steps away, sheltered from the elements.

These homes with detached carport parking are perfect for families, professionals, and anyone who values the ease of access that carport parking provides. With ample space for your vehicle, you can also enjoy the added benefit of extra storage for outdoor gear, bicycles, or seasonal decorations.

In Lynwood, you’ll find a community that embraces a lifestyle of comfort and convenience. Whether you're a first-time homebuyer or looking to settle down in a welcoming neighborhood, Lynwood offers a unique blend of features that make it a wonderful place to call home. Come discover the charm of Lynwood today!

Newest Lynwood Homes with Detached Carport Parking features

$1,395,000
12 Beds ⋅ 8 Baths ⋅ 26855073 MLS ⋅ Active Status
RARE AB 1482 RENT CONTROL OPPORTUNITY NOT SUBJECT TO LARSO. Built in 1983, this well-maintained fourplex offers investors a rare opportunity to acquire a multifamily asset outside of Los Angeles' local RSO, while remaining subject to California's AB 1482 statewide rent control. The property currently offers approximately 50% upside in rents, creating significant immediate value-add potential. At market rents, the property is projected to generate an 8.70% pro forma cap rate and 9.38 GRM at the reduced asking price of $1,395,000.The property consists of four spacious 3-bedroom/2-bath units of approximately 1,000 SF each, a highly desirable unit mix with strong rental appeal. Each unit features in-unit washer/dryer hookups, a private garage, and an additional covered carport space, providing a total of eight parking spaces. Situated on an expansive 8,710 SF LAR3-zoned lot, the property may offer additional value-add opportunities, including potential ADU development or future expansion, subject to buyer verification. Current pricing equates to just $348,750 per unit and $349 per SF, with a 5.14% current cap rate and 14.07 GRM. Conveniently located near shopping, schools, parks, public transportation, and major freeways, 3346 Martin Luther King Jr. Blvd. combines strong current income with substantial rental upside and compelling long-term value-add potential. Ideally located with convenient access to shopping, schools, parks, public transportation, and major freeways, this turnkey asset presents an outstanding opportunity for investors seeking stable income with long-term appreciation potential.

3346 Martin Luther King Jr Boulevard, Lynwood

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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.