About 3535 Los Flores
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.
Features of 3535 Los Flores
| MLS® # | PW25263435 |
|---|---|
| Price | $1,075,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Acres | 0.21 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 3535 Los Flores |
|---|---|
| Area | LYNWOOD (90262) |
| City | Lynwood |
| County | Los Angeles |
| State | CA |
| Zip Code | 90262 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Additional Information
| Date Listed | November 19th, 2025 |
|---|---|
| Days on Market | 49 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Younglewin Advisors, Inc. |
|---|