3502 Martin Luther King Jr Boulevard, Lynwood, CA 90262

$1,250,000

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List Price
$1,250,000
Price Change
▼ $50,000 1781698190
Status
ACTIVE
MLS#
DW26045449
Year Built
1958
Lot Size
9,240
Acres
0.21
Lot Location
Irregular Lot
Days on Market
130
Property Type
Commercial
Property Sub Type
Retail

Property Description

Investor / Developer Opportunity – High Traffic Location Located at 3502 Martin Luther King Jr. Blvd in Lynwood, CA, this commercial property presents a unique opportunity for investors, developers, or owner-users seeking a site along one of the city’s main commercial corridors. Built in 1958, the property offers approximately 5,073 square feet of usable building space situated on a 9,238 square foot lot in a high traffic area with strong street visibility. The building is currently divided into three commercial spaces: • Two end units approximately 1,200 square feet each • Center unit approximately 2,673 square feet Nearby businesses and community anchors include Shammas Eye Center and Medical Surgery Center and the property is located approximately ½ mile from St. Francis Medical Center. The site is also near Cesar Chavez Middle School, contributing to steady daily traffic in the surrounding area. Additional property features include commercial 480/240 AMP electrical service and copper plumbing throughout. With its prime boulevard location, strong traffic exposure, flexible layout, and redevelopment potential, this property represents a rare opportunity to reposition or redevelop a commercial asset in the City of Lynwood. Buyers are advised to verify zoning, redevelopment possibilities, and intended use with the City of Lynwood.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: George Mairena (george@imperialproperties.us) from Listing Office: Imperial Properties.

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Calculator source: Real Geeks

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.