4045 Martin Luther King Jr, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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Lynwood, California 90262
This High-Potential Investment Opportunity is a fully remodeled duplex listed at $850,000, positioned well below the $961,935 Fair Market Value by 11%. This valuation gap provides $111,935 in Instant Equity. Featuring a Mint Condition Rating with comprehensive system upgrades and luxury finishes, the property includes approved plans for an 861 sq. ft. ADU, offering significant density upside. This turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4045 Martin Luther King Jr Subject | $850,000* List Price | 0 | 0 | 2,165 | $420 | - |
A 11363 Virginia Avenue Sold | $915,000 | 0 | 0 | 2,324 | $394 | 0.3 mi |
B 11233 Virginia Sold | $935,000 | 0 | 0 | 1,982 | $472 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a fully remodeled duplex with comprehensive upgrades to all major systems including new roofs, plumbing, electrical, and HVAC. The interior features modern luxury finishes, new kitchens, and bathrooms, qualifying it as a mint-condition renovation completed within the last 5 years.
The property has undergone a full luxury remodel including major system upgrades to the roof, plumbing, electrical, and HVAC, significantly reducing future maintenance costs and capital expenditure.
The inclusion of approved plans for a rare 861 sq. ft. 2-bedroom ADU provides a clear and immediate path to increase the property's density and rental income as a three-unit investment.
Both units feature high-end finishes such as designer tile, luxury vinyl plank flooring, and custom kitchens with included appliances, ensuring the property commands top-market rental rates.
The property is currently 'Active Under Contract' after only six days on the market, indicating a highly competitive situation for any prospective backup buyers.
With a 5,007 sq. ft. lot, the addition of the proposed 861 sq. ft. ADU alongside the existing 2,165 sq. ft. structure may result in limited outdoor space and potential parking constraints for tenants.
Fully remodeled luxury duplex in the heart of Lynwood featuring high-end finishes and major system upgrades throughout both units. Renovations include new roofs, plumbing, electrical, drywall where needed, windows, doors, flooring, kitchens, bathrooms, lighting, paint, AC systems, and more. Front unit features designer tile flooring, luxury vinyl plank in the master bedroom, custom closets, mini-split AC, and in-unit washer/dryer hookups. Refrigerator, microwave, and stove included. Upstairs back unit offers 3 bedrooms, 2 bathrooms, plus a bonus office/flex room with fully upgraded kitchen, bathrooms, flooring, closets, windows, central AC, and fresh modern finishes throughout. BONUS: Property includes approved plans for a RARE 861 sq ft garage ADU featuring 2 bedrooms and 2.5 bathrooms — creating incredible 3-unit potential. Buyer to verify approved plans. Seller maintains official City of Lynwood records believed accurate per city records. Turnkey luxury + future income potential. A rare opportunity you don’t want to
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,165 | 2,185.5 |
| Lot Size | 5,007 | 5,735.5 |
| Price | $850.0K | $856.9K |
| Price per sq ft | $393 | $372 |
| Built year | 1949 | 1945 |
| HOA | $0 | $0 |
| Days on market | 40 | 84 |
Jun 12, 2026
$850,000
Initial Listing
Nov 27, 2002
$230,000
Public Record