12430 12434 Peach Street A-b, Lynwood, California 90262, Lynwood, 90262 - bed, bath
ACTIVE$965,000
12430 12434 Peach Street A-b, Lynwood, California 90262
0Bed
0Bath
1,942Sqft
9,774Lot
Year Built
1951
Close
-
List price
$965K
Original List price
$985K
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
RS25141346
Home ConditionGood
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $965.0K(71th), sqft - 1942(50th), beds - undefined(50th), baths - undefined(50th).
"Updated Fourplex on a Large Lot. This well-maintained four-unit property features extensive recent updates and a separate four-car garage. Three units were updated within the last 3-4 years, with a fourth unit recently renovated to include modern finishes like granite countertops, tile floors, and new dual-pane aluminum windows. Exterior and interior have been freshly painted. Located near multiple freeways (105, 605, 710) and numerous shopping and entertainment centers like Walmart and Plaza Mexico
Price History
Date
Event
Price
10/14/25
Price Change
$965,000
06/24/25
Listing
$985,000
Condition Rating
Good
This property, built in 1951, has undergone significant recent renovations, with three units updated within the last 3-4 years and a fourth unit recently renovated. The description highlights modern finishes such as granite countertops, tile floors, new dual-pane aluminum windows, and fresh paint, making the units move-in ready. The provided images confirm new windows, clean tile flooring, and modern recessed lighting in living areas. The bathroom image shows a clean, functional space with a new vanity, mirror, and light fixture, though the tile style is more classic than cutting-edge modern. While the cosmetic updates are extensive and recent, the property's underlying infrastructure (plumbing, electrical, foundation) from 1951 is noted as a potential weakness, and there's no mention of updated HVAC systems. Therefore, it fits the 'Good' category as it's move-in ready with recent updates, but the age of the core structure and unconfirmed major system overhauls prevent an 'Excellent' rating.
Pros & Cons
Pros
Income-Generating Quadruplex: As a four-unit property, it offers multiple streams of rental income, making it an attractive investment for cash flow and portfolio diversification.
Extensive Recent Updates: Three units were updated within the last 3-4 years, and the fourth unit recently underwent renovation with modern finishes like granite countertops, tile floors, and new dual-pane aluminum windows, minimizing immediate capital expenditure for a new owner.
Large Lot Size: The property sits on a substantial 9774 sqft lot, offering potential for outdoor amenities, additional parking, or future development opportunities (subject to zoning).
Separate Four-Car Garage: A dedicated four-car garage provides valuable secure parking or storage for tenants, enhancing the property's appeal and potential rental income.
Strategic Location & Accessibility: Its proximity to major freeways (105, 605, 710) and numerous shopping and entertainment centers (Walmart, Plaza Mexico) ensures tenant convenience and strong rental demand.
Cons
Age of Property: Built in 1951, the property's underlying infrastructure (e.g., plumbing, electrical, foundation) may be original or older, potentially leading to unforeseen maintenance or upgrade costs despite recent cosmetic renovations.
No Mention of HVAC System: The description does not specify the presence of central air conditioning or heating, which could be a significant drawback for tenant comfort and market competitiveness in California's climate.
Management Complexity: Managing a four-unit property typically requires more intensive oversight, maintenance coordination, and tenant relations compared to single-family or duplex investments, which could be a challenge for some investors.