4049 Martin Luther King Jr
Lynwood, CA, 90262
$800,000
MLS: DW26062593
Beds
3
Baths
2
Sq Ft
1,080
Lot
0.11 ac
Year Built
1949
MLS #
DW26062593
Days on Market
16
Listed
Apr 1, 2026
Description
Welcome to this charming single-story home offering comfort, potential, and opportunity! This well-maintained property features a bright and airy living space with abundant natural light, creating a warm and inviting atmosphere. The interior offers a functional layout perfect for everyday living, with clean finishes and move-in ready appeal. Situated on a spacious lot, the property boasts a large front yard with gated access, providing added privacy and curb appeal. The backyard offers incredible potential for outdoor entertaining, additional parking, . R3 zoned - Build multi units, Development Opportunity -Income property Potential- ADD 2-3 units (buyer to verify with city ) Conveniently located near schools, shopping, dining, and major freeways, this home is ideal for first-time buyers, investors, or anyone looking to add value. Don’t miss this great opportunity to own a versatile property with endless possibilities!
Location
Lynwood, Los Angeles County, CA 90262
Open on Google Maps ↗Listed by: Ambrocio Sanchez · eXp Realty of Southern Calif
Payment estimate
$5,857
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $80,000 · Loan: $720,000
- Principal & Interest
- $4,424
- Property tax (1.25%)
- $833
- Homeowners insurance
- $300
- Mortgage insurance
- $300
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lynwood home with as little as 3.5% down using an FHA loan — roughly $28,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90262 (Lynwood) within ±10% of this home's price and size.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.