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About the Listing SR0103100 - SR207060606
Hudson Partners has been exclusively retained to market the sale of this mixed-use opportunity. The Seller has vacated the second floor which is a legal three bedroom and two bath apartment, but being used a 4 bedroom with a single family home layout. Buyer has a live/work opportunity or allowing an Investor to rent out at market rents. There is a +/- 550 sf two-car garage which Seller will vacate as well. This additional structure can be leased out providing another supplemental income stream. The first floor has three street level tenants, two Central American restaurants, and a Barbershop in the middle. An Investor can achieve over an 8 Cap Rate, with reasonable market rent assumptions. On the other hand, a retail business operator can purchase this property with 80% Owner-user conventional financing, if their intentions are to occupy the premises with the required percentage of 35%.
Listing Highlights for 3535 Martin Luther King Jr Boulevard
Status
Active With Contingency
Days on Site
837
Property Type
Commercial Sale
MLS ®
SR17223206
Year Built
1962
Total Square Footage
4,671
Lot/Acreage
N/A
County
Los Angeles
Area
RM - Lynwood
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6223003040
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3535 Martin Luther King Jr Boulevard Lynwood, CA 90262
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