Listing date: 2025-01-13 , Last update: 2025-04-25

$1,075,000For Sale

3566 Mulford Ave #1, Lynwood, CA 90262

  • -Beds
  • -
    Baths
  • sqft
  • 8,938
    sqft lot
  • Beds
  • sqft
  • 8,938 sqft lot
Property Highlight
Year built
1948
Listed for
103 days
Price / Home Size
$- / sqft
Parking
4
HOA fee
$0 / mo
A/C
-
Home Type
Quadruplex(Attached)
View
-
Description

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 Provided Agent
  • • Name: Cameron Samimi
  • • DRE: 02035763
  • • Email: cameron@lyonstahl.com
  • • Phone: -
Listing Provided Office
  • • Name: -
  • • Email: -
  • • Phone: -
Co-Listing Agent
  • • Name: Michael Padilla
  • • DRE: 01993341
  • • Email: mspg416@yahoo.com
  • • Phone: -
Co-Listing Office
  • • Name: Lyon Stahl Investment Real Estate, Inc.
  • • Email: -
  • • Phone: 310-425-9838
Source
  • • CRMLS #SB25008087crmls logo
Local Information
Home Details for 3566 Mulford Ave #1
Interior
Features
  • Common walls: Two Common Walls Or More
Appliances
  • Laundry: None
Bedrooms
Bathrooms
Exterior
Features
  • Home Type: Multifamily
  • New Construction: No
  • Levels: None
  • Stories: None
  • Entry Level: 1
  • Entry Location: 1
Parking & Garage
  • # of Parking spaces: 4
  • Garage Spaces: 4
lot
  • Size: 8,938 sqft
  • Size source: Assessor
  • Elevation Unit: Feet
Details
  • Parcel Number: 6173007007
  • Special Condition: Standard
  • Property Condition: Zoning: LYR3YY
  • # of Total unit: 4
  • Common Interest: Community Apartment
Utilities
Utilities
  • Water: Public
  • Sewer: Public Sewer
Community & HOA
Community
  • Urban
HOA
Property Financial History
DateEventPrice
03/25/2025
crmls #SB25008087
Price Change
$ 1,075,000-6.5%
01/13/2025
crmls #SB25008087
Listed for Sale
$ 1,150,000
Real Estate Locations
California
Georgia