11022 Benwell, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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Lynwood, California 90262
This Value-Add Residential Income Triplex is listed at $699,000, positioned near its $652,498 Fair Market Value following significant price adjustments. Featuring a Condition Rating of 5, the asset requires substantial rehabilitation but offers significant upside through modernization and repositioning. The 2,389-square-foot layout includes a front 3-bedroom unit with a convertible bonus room and two rear 1-bedroom units, providing multiple income streams in a high-demand rental market. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11022 Benwell Subject | $699,000* List Price | 0 | 0 | 2,389 | $273 | - |
A 11464 Copeland Street Sold | $800,000 | 0 | 0 | 2,936 | $272 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this triplex exhibits significant deferred maintenance and requires substantial rehabilitation. Interior images show a highly outdated kitchen with worn cabinetry and a bathroom with peeling paint, stained flooring, and aged fixtures. The bedrooms feature heavily soiled carpeting, and the exterior reveals cracked stucco and a damaged garage door, confirming the listing's description of a 'value-add' project needing immediate renovation.
This rare triplex configuration features a large 3-bedroom front unit and two 1-bedroom rear units, providing multiple income streams and high rental demand in a well-established residential neighborhood.
The property is priced to reflect its need for TLC, offering investors and owner-users a prime chance to build equity through cosmetic upgrades, modernization, and repositioning.
The front unit includes a bonus room that can easily be converted into an additional bedroom, allowing for increased rental upside and optimized utility of the 2,389 square feet of living space.
The property requires immediate renovation and repairs, which will necessitate additional upfront capital investment and project management beyond the initial purchase price.
Built in 1951, the building may have original systems that require costly updates to meet modern building codes and ensure long-term operational efficiency.
Discover a solid investment opportunity in the heart of Lynwood. 11022 Benwell Dr is a rare triplex located in a well-established residential neighborhood, offering multiple income streams and excellent upside potential. The property does need some TLC, making it ideal for an investor or owner-user looking to renovate, reposition, and increase value. The front unit features 3 bedrooms and 2 bathrooms, plus a bonus room that can easily be converted into an additional bedroom by adding a closet, providing flexibility and strong rental upside. The two rear units are each 1 bedroom and 1 bathroom, offering functional layouts with consistent demand. Situated on a usable lot with on-site parking and room for improvements, this triplex presents a strong value-add opportunity through cosmetic upgrades and modernization. Conveniently located near schools, shopping, parks, and major freeways, the property offers accessibility while maintaining a residential neighborhood feel. An excellent opportunity to build equity and cash flow—bring your vision and unlock the potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,389 | 2,281 | 50% |
| Lot Size | 6,309 | 8,604 | 25% |
| Price | $699.0K | $838.5K | 17% |
| Price per sq ft | $293 | $383 | 17% |
| Built year | 1951 | 1948 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 228 | 25% |
Mar 25, 2026
$699,000
$750,000
-7% Price Drop
Initial Listing
Mar 11, 2026
$750,000
$850,000
-12% Price Drop
Initial Listing
Dec 22, 2025
$850,000
Initial Listing