11266 Cornish, Lynwood, California 90262, Lynwood, 90262 - 4 bed, 2 bath
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Lynwood, California 90262
This Value-Add REO Asset represents a Strong Value Opportunity with a List Price of $550,000—positioned below the $558,591 Fair Market Value by 1%. This entry point provides $8,591 in Instant Equity for buyers looking to capitalize on a high-demand rental market. Currently holding a Condition Rating of 5, the property requires a comprehensive rehab but offers significant upside through its 1,736 sq ft footprint and 6,188 sq ft corner lot with ADU potential. Located near major freeways in the Lynwood Unified district, this is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Property is extensive renovation needed.
Built in 1948 (76 years old) and listed as a bank foreclosure (REO), this property likely suffers from significant deferred maintenance. Given the age and lack of mentioned upgrades, the kitchen, bathrooms, and major systems (HVAC/Electric) likely require a full rehab to meet modern standards.
With 4 bedrooms and 1,736 sq ft of living area, this residence offers a significantly larger footprint than many standard homes in the area, making it ideal for larger families.
The property sits on a 6,188 sq ft corner lot featuring a detached two-car garage, providing enhanced privacy and a prime opportunity for an Accessory Dwelling Unit (ADU) conversion.
Ideally positioned with immediate access to the 105 and 710 freeways and within walking distance to schools and shopping, the location offers high convenience for daily transit.
As a bank-owned REO property, it is likely sold in as-is condition, which may necessitate additional capital for deferred maintenance or required repairs.
The property is subject to California Civil Code Section 2429p for the first 30 days, which limits the pool of eligible buyers and may delay interest from traditional investors.
BANK FORECLOSURE, REO... “The property is subject to California Civil Code Section 2429p for the first 30 days of marketing.” Welcome to the city of Lynwood. This home is a 4-bedroom, 2-bathroom corner-lot home offering 1,736 sq ft of living space on a spacious 6,188 sq ft lot with a 2 car detached garage. Ideally located in a desirable neighborhood, this property is just minutes from the 105 and 710 freeways, providing convenient access for commuters. Enjoy being within walking distance to local schools, shopping centers, and medical facilities. This is a fantastic opportunity you won’t want to miss! “The property is subject to California Civil Code Section 2429p for the first 30 days of marketing.”
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,736 | 1,280 | 80% |
| Lot Size | 6,188 | 6,288 | 47% |
| Price | $522.5K | $700.0K | 4% |
| Price per sq ft | $301 | $563 | 2% |
| Built year | 1948 | 1944 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 157 | 7% |
Jun 11, 2026
$522,500
$550,000
-5% Price Drop
Initial Listing
May 4, 2026
$550,000
Initial Listing