$10,000 Closing Credit¹
#OC24235297, Maggie Ureno, Listing Office: RE/MAX Select One
#SB25008087·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Cameron Samimi·
Listing Office Phone: 310-259-7556
$10,000
closing credit¹
3566 Mulford Ave Unit 1 Lynwood, CA 90262
$1,150,000 List price
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 3566 Mulford Ave Unit 1
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.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.2052 Acres
Year built1948
MLS #SB25008087
Garage4 spaces
Summary
- MLS Number: SB25008087
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
3566 Mulford Ave Unit 1
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Wilson Elementary School
Public District KG-6
0.4 mi
•11700 School St
3
Thurgood Marshall Elementary School
Public District PK-5
0.5 mi
•3593 Martin Luther King Jr Blvd
2
Roosevelt Elementary School
Public District KG-6
0.6 mi
•10835 Mallison Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,333. The most common annual income of people living in Lynwood, CA is between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
48%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
17%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
42%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 3566 Mulford Ave Unit 1 in Lynwood, CA and zip code 90262 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $1,150,000.
In December 2024 in Lynwood, CA there were 4.3% more homes for sale than in November. In December 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $674,900.
From Rocket Homes Real Estate and based on county public records data.