12120 Muriel, Lynwood, California 90262, Lynwood, 90262 - 4 bed, 2 bath
ACTIVE$830,000
12120 Muriel, Lynwood, California 90262
4Beds
2Baths
1,929Sqft
8,812Lot
Price Vs. Estimate
The estimated value ($830,000) is $0 (0%) lower than the list price ($830,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8812, living area = 1929.
Top Cons:
Age of Property & Potential System Updates: Built in 1938, the home, despite being described as well-maintained, may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency expectations.
Compared to the nearby listings
Price:$830.0K vs avg $680.0K (+$150,000)92%
Size:1,929 sqft vs avg 1,182 sqft90%
Price/sqft:$430 vs avg $55927%
More Insights
Built in 1938 (87 years old).
Condition: The property, built in 1938, is aged but appears to be maintained. The kitchen features updated white cabinets, granite countertops, and black appliances, but the style of the granite and floor tiles suggests these updates are likely 10-15+ years old, making them dated by current standards. No bathroom images are provided, but it's reasonable to assume a similar level of update or older. Given the home's age, major systems (plumbing, electrical, HVAC) are likely original or very old and will require significant investment for modernization and efficiency, as highlighted by the property analysis. The home is functional but requires minor cosmetic updates and potential major system overhauls to meet modern expectations.
Year Built
1938
Close
-
List price
$830K
Original List price
$830K
Price/Sqft
$430
HOA
-
Days on market
-
Sold On
-
MLS number
DW25239401
Home ConditionFair
Features
View-
About this home
Welcome to 12120 Muriel Dr — a spacious, well-maintained home located in one of Lynwood’s most desirable neighborhoods! This property offers an exceptional combination of comfort, space, and potential. Inside, you’ll find a generous floor plan with multiple living areas, bonus rooms perfect for a home office, gym, or guest space. There is a total of 7 rooms inside the house. The lot is extra-large, providing endless opportunities for expansion, entertaining, or even building an ADU (verify with city). A long driveway leads to a detached two-car garage, offering excellent parking and privacy. The garage is converted into a living dwelling and The large backyard is perfect for gatherings, gardening, kids and pets. Nestled on a quiet, well-kept street near local parks, schools, and freeway access, this home is perfect for families seeking value and versatility in a prime Lynwood location. Don’t miss your chance to own this rare oversized lot with tons of potential — schedule your private tour tod ay!
Price History
Date
Event
Price
11/03/16
Sold
$430,000
Condition Rating
Fair
The property, built in 1938, is aged but appears to be maintained. The kitchen features updated white cabinets, granite countertops, and black appliances, but the style of the granite and floor tiles suggests these updates are likely 10-15+ years old, making them dated by current standards. No bathroom images are provided, but it's reasonable to assume a similar level of update or older. Given the home's age, major systems (plumbing, electrical, HVAC) are likely original or very old and will require significant investment for modernization and efficiency, as highlighted by the property analysis. The home is functional but requires minor cosmetic updates and potential major system overhauls to meet modern expectations.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8812, living area = 1929.
Oversized Lot & ADU Potential: The property features an extra-large 8,812 sqft lot, providing significant opportunities for expansion, extensive outdoor living, and the potential to add an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Versatile Living Spaces: With a generous 1,929 sqft floor plan, multiple living areas, and bonus rooms, including a converted garage, this home offers exceptional flexibility for various needs such as a home office, gym, guest quarters, or potential rental income.
Desirable Neighborhood & Location: Nestled in a prime, well-regarded Lynwood neighborhood on a quiet street, the property offers convenient access to local parks, schools, and major freeways, appealing to families and commuters alike.
Ample Outdoor & Parking Space: The large backyard is ideal for entertaining, gardening, and recreation, complemented by a long driveway and a detached two-car garage (converted), ensuring excellent parking and privacy.
Strong Appreciation Potential: The combination of an oversized lot, versatile living spaces, and ADU potential positions this property for strong future value appreciation in a sought-after Lynwood location.
Cons
Age of Property & Potential System Updates: Built in 1938, the home, despite being described as well-maintained, may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency expectations.
Unverified Garage Conversion Status: The detached two-car garage has been converted into a living dwelling, but its legality and permitting status are not specified, potentially posing compliance risks or requiring costly regularization for a new owner.
Lack of Specific Modernization Details: The description lacks specific information regarding recent major renovations or upgrades to key components like the roof, windows, or major appliances, which could imply a need for immediate or near-future capital expenditures.