11251 State, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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11251 State
Lynwood, California 90262
ACTIVE
CONDITION: POOR
0Beds
0Baths
3,844Sq Ft
6,160Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,342,351
4% AboveMARKET VALUE
SUMMARY
This 1934 quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,399,000—positioned above the $1,342,352 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the asset features a desirable unit mix and six private garages, offering substantial value-add potential through ADU conversion or rental optimization. Located in a supply-constrained market, this is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers focused on long-term cash flow and asset appreciation.
Estimated Market Value
$1,342,351
Based on Realkey algorithm analyzing recent comparable sales in Lynwood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11251 State Subject | $1,399,000* List Price | 0 | 0 | 3,844 | $349 | - |
A 3337 Los Flores Active | $999,900 List Price | 0 | 0 | 2,922 | $342 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1934 (>90 years old) with no evidence of recent major renovations. The exterior shows significant stucco staining and deterioration. Visible window AC units indicate a lack of modern central HVAC, and the overall appearance suggests deferred maintenance and aged systems requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Unit Mix
The property features a desirable mix of two 3-bedroom and two 2-bedroom units, which caters to the high demand for family-sized rentals in Lynwood and supports stable occupancy.
- Value-Add Potential
With six private garages, the property offers significant opportunity for additional rental income or potential ADU conversion to increase the overall yield and asset value.
- Strategic Market Location
Situated in a supply-constrained rental market, this quadruplex benefits from consistent tenant demand and long-term retention within a strong, family-oriented community.
CONSRISKS & DEFICIENCIES
- Property Age
Originally constructed in 1934, the building may require more frequent maintenance or significant capital expenditures for aging infrastructure and systems compared to newer assets.
- High Entry Price
At a list price of $1.399M, the cost per unit is substantial for the Lynwood area, which may impact the immediate capitalization rate and appeal to yield-sensitive investors.
About 11251 State
11251 State St is a well-positioned 4-unit multifamily investment located in the strong, supply-constrained rental market of Lynwood, California. Featuring an attractive mix of two 3-bedroom units and two 2-bedroom units, the property caters directly to Lynwood’s family-oriented renter base—supporting consistent occupancy, stable cash flow, and long-term tenant retention. The building offers approximately 3,844 rentable square feet and includes a highly desirable amenity package with six private garages, creating immediate functional value for residents and offering investors the potential for future income enhancement through garage rental or possible ADU conversion (buyer to verify).
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1934
- Lot Size
- 6,160 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,844 | 2,084.167 |
| Lot Size | 6,160 | 7,992.833 |
| Price | $1.40M | $881.8K |
| Price per sq ft | $364 | $403 |
| Built year | 1934 | 1957 |
| HOA | $0 | $0 |
| Days on market | 5 | 89 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,399,000
Initial Listing
Sold
Aug 3, 2010
$368,000
Public Record
Sold
Jun 6, 2005
$610,000
Public Record
Sold
Feb 19, 2004
$540,000
Public Record