11233 Virginia, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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Lynwood, California 90262
This Turnkey Residential Income Duplex is a Strong Value Opportunity, listed at $919,000—positioned well below the $971,578 Fair Market Value by 5%. This valuation gap secures $52,578 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the property offers modern wide-plank laminate flooring, recessed lighting, and a renovated kitchen with stone countertops. With a vacant 3-bedroom front unit and an occupied rear unit, it provides immediate rental income and significant lifestyle flexibility. This asset is ideal for Owner-Occupants seeking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11233 Virginia Subject | $919,000* List Price | 0 | 0 | 1,982 | $490 | - |
A 11363 Virginia Avenue Active | $920,000 List Price | 0 | 0 | 2,324 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1939, the property has undergone an extensive recent renovation. The interior features modern wide-plank laminate flooring, recessed lighting, and updated vinyl windows. The kitchen is equipped with contemporary dark cabinetry, stone countertops, and stainless steel appliances, while the bathrooms showcase modern vanities and updated tile work, meeting the criteria for a fully renovated home with no deferred maintenance.
The spacious 3-bedroom front unit will be delivered vacant, providing a rare opportunity for a buyer to live in one unit while using the other to offset mortgage costs, or to immediately secure market-rate tenants.
The rear 2-bedroom unit is currently occupied, ensuring that the new owner receives steady cash flow from day one of ownership, which simplifies financing and reduces initial investment risk.
Located in the heart of Lynwood with easy access to major freeways, dining, and shopping, the property is positioned in a high-demand area that appeals to a wide pool of long-term tenants.
Originally built in 1939, the property may require more frequent maintenance or updates to aging systems like plumbing and electrical compared to newer residential income properties.
With the rear unit currently occupied, the buyer may face restrictions on immediate rent increases or renovations for that unit due to existing lease terms and local rent control regulations.
Great investment opportunity in the heart of Lynwood! This well-maintained duplex features a spacious front unit offering 3 bedrooms and 2 bathrooms, which will be delivered vacant—perfect for an owner-occupant or to set market rent. The rear unit includes 2 bedrooms and 1 bathroom and is currently occupied, providing immediate rental income. Can be delivered vacant. Conveniently located near major freeways, shopping, dining, and everyday amenities, this property offers both accessibility and strong rental appeal. Whether you’re looking to live in one unit and rent the other or expand your investment portfolio, this duplex is a fantastic opportunity you won’t want to miss.
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 | 1,982 | 2,077.5 | 50% |
| Lot Size | 5,162 | 8,604 | 25% |
| Price | $919.0K | $848.5K | 67% |
| Price per sq ft | $464 | $437 | 67% |
| Built year | 1939 | 1946 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 228 | 8% |
Mar 24, 2026
$919,000
Initial Listing
Oct 17, 2017
$590,000
Public Record
Feb 28, 2014
$362,500
Public Record