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12029 2nd Avenue, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 1 bath

12029 2nd Avenue, Lynwood, California 90262 home-pic-0
ACTIVE$659,999$1,213/sqft
Est. Value: $699,201
5%
BelowEstimate
12029 2nd Avenue, Lynwood, California 90262
3Beds
1Bath
1,213Sqft
3,944Lot

Price Vs. Estimate

The estimated value ($699,200.82) is $39,201.82 (5%) higher than the list price ($659,999). This property may be underpriced.

Key pros and cons

Top Pros:
Competitive Pricing: The property is explicitly marketed as the 'BEST PRICED HOME IN THE CITY OF LYNWOOD' at $659,999, offering strong value compared to local listings.
Top Cons:
Absence of Traditional Backyard: The property explicitly states it 'does not include a traditional backyard,' which may not appeal to buyers desiring green space or a conventional outdoor living area.

Compared to the nearby listings

Price:$660.0K vs avg $675.0K ($-15,001)42%
Size:1,213 sqft vs avg 1,197 sqft52%
Price/sqft:$544 vs avg $55248%

More Insights

Built in 1947 (79 years old).
Condition: Despite being built in 1947, this property has undergone a comprehensive and recent remodel, aligning with 'extensively renovated within 5 years' criteria. The listing explicitly states it's a 'REMODELED' home with 'sleek recessed lighting, fresh paint, stylish laminate flooring throughout.' The kitchen is fully upgraded with 'crisp white cabinetry, modern quartz countertops, and a clean tile backsplash,' and features modern stainless steel appliances visible in the images. The bathroom is also 'updated' with a 'contemporary vanity' and 'updated fixtures.' Crucially, major systems have been replaced or upgraded, including a 'brand-new electrical panel' and a 'new mini-split system for efficient year-round climate control.' All visible components appear new or virtually new, indicating no deferred maintenance and a move-in ready condition.
Year Built
1947
Close
-
List price
$660K
Original List price
$660K
Price/Sqft
$544
HOA
-
Days on market
-
Sold On
-
MLS number
DW26002290
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

BEST PRICED HOME IN THE CITY OF LYNWOOD BASED ON LOCATION!!! At $659,999, this home is competitively priced compared to nearby Lynwood listings- PROPERTY WITH PLENTY OF PARKING SPACES (8 PARKING SPACES PLUS 2 CAR GARAGE). This property does not include a traditional backyard. The lot is fully improved to maximize interior living space and low-maintenance exterior areas. Ideal for buyers seeking minimal outdoor upkeep and a convenient, efficient footprint.****PROPERTY CAN BE EASILY DIVIDED INTO 2 UNITS PLUS 2 CAR GARAGE**** Perfect home for the families looking for low maintenance property. A Modern Touch in a Classic Neighborhood! This REMODELED 3-bedroom home WITH FORMAL DINING ROOM offers an inviting layout and thoughtful upgrades perfect for comfortable everyday living. Step into a bright and open living room featuring sleek recessed lighting, fresh paint, stylish laminate flooring throughout and a stone fireplace—perfect for relaxing evenings or entertaining guests. The upgraded kitchen showcases crisp white cabinetry, modern quartz countertops, and a clean tile backsplash—ideal for home cooks and entertainers alike. Each bedroom is generously sized, with ample closet space and ceiling fans for added comfort. The updated bathroom features a contemporary vanity, updated fixtures, and a clean, neutral design. Featuring A brand-new electrical panel providing peace of mind, new mini-split system for efficient year-round climate control, and new privacy fence offering enhanced security and curb appeal The long driveway accommodates multiple vehicles and leads to a spacious front yard and 2-car garage. Located near schools, shopping, and the 105 freeway, this move-in-ready gem is perfect for first-time buyers, investors, or anyone seeking a quality home with modern touches. Walking distance to Mark Twain Elementary and a short drive to Lynwood High, with easy freeway access for commuters. Don’t miss your chance to own a stylish home in the heart of Lynwood!

A
Anabella Jimenez
Listing Agent

Price History

Date
Event
Price
03/14/22
Sold
$650,000
11/09/21
Sold
$488,500
Condition Rating
Excellent
Despite being built in 1947, this property has undergone a comprehensive and recent remodel, aligning with 'extensively renovated within 5 years' criteria. The listing explicitly states it's a 'REMODELED' home with 'sleek recessed lighting, fresh paint, stylish laminate flooring throughout.' The kitchen is fully upgraded with 'crisp white cabinetry, modern quartz countertops, and a clean tile backsplash,' and features modern stainless steel appliances visible in the images. The bathroom is also 'updated' with a 'contemporary vanity' and 'updated fixtures.' Crucially, major systems have been replaced or upgraded, including a 'brand-new electrical panel' and a 'new mini-split system for efficient year-round climate control.' All visible components appear new or virtually new, indicating no deferred maintenance and a move-in ready condition.
Pros & Cons

Pros

Competitive Pricing: The property is explicitly marketed as the 'BEST PRICED HOME IN THE CITY OF LYNWOOD' at $659,999, offering strong value compared to local listings.
Extensive Parking Capacity: A significant advantage with 8 dedicated parking spaces plus a 2-car garage, ideal for multiple vehicles or potential tenants.
Comprehensive Modern Upgrades: Recently remodeled with a new electrical panel, mini-split system for climate control, privacy fence, upgraded kitchen with quartz countertops, and an updated bathroom, ensuring a move-in ready condition.
Income/Multi-Unit Potential: The property can be 'easily divided into 2 units plus 2 car garage,' presenting a valuable opportunity for investors or multi-generational living.
Low Maintenance Exterior: The lot is fully improved without a traditional backyard, designed for minimal outdoor upkeep, appealing to buyers seeking an efficient and convenient footprint.

Cons

Absence of Traditional Backyard: The property explicitly states it 'does not include a traditional backyard,' which may not appeal to buyers desiring green space or a conventional outdoor living area.
Older Original Construction: Built in 1947, despite extensive remodels, the underlying structure's age could raise concerns for some buyers regarding potential long-term maintenance or unseen issues typical of older homes.
Limited Outdoor Green Space: The 'fully improved' lot and lack of a traditional backyard mean minimal green space, which might not suit buyers looking for a garden, lawn, or extensive outdoor recreational area.
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