11022 Benwell, Lynwood, California 90262, Lynwood, 90262 - bed, bath

11022 Benwell, Lynwood, California 90262 home-pic-0
ACTIVE$850,000$2,389/sqft
11022 Benwell, Lynwood, California 90262
0Bed
0Bath
2,389Sqft
6,309Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: The property is a rare triplex offering multiple income streams, making it a solid investment opportunity for cash flow and portfolio expansion.
Top Cons:
Condition Requires Investment: The property 'does need some TLC' and requires cosmetic updates or modernization, implying significant capital expenditure for renovation.

Compared to the nearby listings

Price:$850.0K vs avg $862.5K ($-12,500)50%
Size:2,389 sqft vs avg 1,976 sqft71%
Price/sqft:$356 vs avg $44029%

More Insights

Built in 1951 (75 years old).
Condition: Built in 1951, this property is explicitly described as needing 'TLC' and 'cosmetic updates or modernization' to 'add value and increase cash flow.' The listing also notes 'classic layouts' and 'Condition Requires Investment' due to its age. While functional, the property requires substantial rehabilitation, particularly for kitchens and bathrooms, which are likely original or very outdated, to meet modern standards and appeal. Major systems are also likely beyond their expected lifespan.
Year Built
1951
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
RS25274673
Home ConditionPoor
Features
View-

About this home

Discover a solid investment opportunity in the heart of Lynwood. 11022 Benwell Dr is a rare triplex in a well-established residential pocket, offering multiple income streams and plenty of long-term potential. All three units are functional with classic layouts, and while the property does need some TLC, it provides the perfect canvas for investors or owner-users looking to add value and increase cash flow. This triplex sits on a usable lot with room for parking and future improvements. With cosmetic updates or modernization, buyers can significantly enhance rents and build immediate equity. The property’s layout makes it ideal for multi-generational living, portfolio expansion, or renovation and repositioning as a high-performing rental. Conveniently located near schools, parks, shopping, and major freeways, the property offers excellent accessibility while maintaining a neighborhood feel. Triplex opportunities in Lynwood are limited—especially those with this much upside. Bring your vision and transform 11022 Benwell Dr into a strong income-producing asset.

J
Jason Arnold
Listing Agent
Condition Rating
Poor

Built in 1951, this property is explicitly described as needing 'TLC' and 'cosmetic updates or modernization' to 'add value and increase cash flow.' The listing also notes 'classic layouts' and 'Condition Requires Investment' due to its age. While functional, the property requires substantial rehabilitation, particularly for kitchens and bathrooms, which are likely original or very outdated, to meet modern standards and appeal. Major systems are also likely beyond their expected lifespan.
Pros & Cons

Pros

Income-Generating Triplex: The property is a rare triplex offering multiple income streams, making it a solid investment opportunity for cash flow and portfolio expansion.
Significant Value-Add Potential: Described as a 'perfect canvas' for investors or owner-users, cosmetic updates and modernization can significantly enhance rents and build immediate equity.
Limited Market Availability: Triplex opportunities in Lynwood are noted as limited, especially with this much upside, indicating a potentially high-demand asset.
Strategic Location: Conveniently located near schools, parks, shopping, and major freeways, offering excellent accessibility while maintaining a neighborhood feel.
Versatile Use: Ideal for multi-generational living, portfolio expansion, or renovation and repositioning as a high-performing rental, appealing to a broad range of buyers.

Cons

Condition Requires Investment: The property 'does need some TLC' and requires cosmetic updates or modernization, implying significant capital expenditure for renovation.
Age of Property: Built in 1951, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance, which could lead to unforeseen costs.
Outdated Layouts: While functional, the units feature 'classic layouts' which may not appeal to modern tenants or owner-users without substantial renovation, potentially impacting immediate rental income or market appeal.
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