Madame Tussauds is famous for lifelike wax images of celebrities, athletes and politicians. The San Francisco branch also features local icons such as Lin, who is the first American of Chinese or Taiwanese descent to play in the NBA.
In July, the Lakers acquired Lin from the Houston Rockets in a trade.
For his wax figure, Lin met with Madame Tussauds' artists for detailed measurements to ensure that the final product would be a realistic likeness of the 25-year-old point guard. He will turn 26 on Saturday.
Last season with the Rockets, Lin averaged 12.5 points and 4.1 assists a game while shooting career highs from the field (44.6%), the three-point line (35.8%) and the free-throw line (82.3%).