4049 Martin Luther King Jr
Lynwood, CA, 90262
$659,900
MLS: IV26235674
Beds
3
Baths
2
Sq Ft
1,080
Lot
0.11 ac
Year Built
1949
MLS #
IV26235674
Days on Market
5
Listed
Nov 3, 2026
Description
***INCREDIBLE VALUE IN LYNWOOD! | SACRIFICE SALE | PAID SOLAR | R-3 DEVELOPMENT POTENTIAL!*** Priced WELL BELOW Lynwood's median sales price, this is an opportunity you won't want to overlook! Offered as a true sacrifice sale, the home has been AGRESSIVELY PRICED to sell quickly, with exceptional value from day one. Don't let the incredible value fool you—this is a charming, cozy, and thoughtfully updated home with so much to offer! Featuring 3 bedrooms, 2 bathrooms, and approximately 1,080 square feet of comfortable living space, this inviting residence welcomes you with an appealing interior, newer dual pane windows, luxury vinyl plank flooring, attractive flush-mount lighting, and a bright, functional floor plan. The kitchen is enhanced with beautiful granite countertops and cozy breakfast nook while the updated bathrooms add a fresh, modern touch. One especially charming bedroom features its own fireplace, creating a warm and inviting retreat. And here's an added bonus that makes this property even more attractive—**PAID-OFF SOLAR!** Enjoy the benefit of energy efficiency and the potential for meaningful savings on electricity costs, helping offset the monthly cost of homeownership. Situated on an approximately 4,943-square-foot lot, the property also offers a spacious front yard with gated access, a two-car garage, and a private backyard. **INVESTORS AND DEVELOPERS—TAKE NOTICE!** The reported R-3 zoning adds another exciting dimension to this opportunity, with potential for 2–3 additional residential units, subject to city approval and buyer verification. Development possibilities are envisioned through vertical construction and/or conversion of the existing garage, subject to applicable zoning, parking, building, and permitting requirements. Whether you're searching for an attractively priced home, an investment with income-producing potential, or your next development opportunity, this property offers multiple ways to create value. **PRICED TO SELL. POSITIONED FOR A QUICK OFFER. FULL OF POSSIBILITIES!** With its charming updates, paid solar, exceptional pricing, and exciting R-3 potential, this is the kind of opportunity buyers and investors should act on. Come see the value and imagine the possibilities before someone else does! *******DON'T MISS THIS OPPORTUNITY*******
Location
Lynwood, Los Angeles County, CA 90262
Open on Google Maps ↗Listed by: COLLEEN CHOISNET · Berkshire Hathaway HomeServices California Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,258
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,990 · Loan: $593,910
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,023
- Property tax (1.25%)
- $687
- Homeowners insurance
- $300
- Mortgage insurance
- $247
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $23,097 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.
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Local Market Stats
See Lynwood, CA 90262 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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