2644 111th Street, Lynwood, California 90262, Lynwood, 90262 - 4 bed, 3 bath
ACTIVE$875,000
2644 111th Street, Lynwood, California 90262
4Beds
3Baths
1,618Sqft
4,583Lot
Price Vs. Estimate
The estimated value ($459,765.485) is $415,234.515 (47%) lower than the list price ($875,000). This property may be overpriced.
Key pros and cons
Top Pros:
Dual-Unit Living & Income Potential: The property offers a 3-bed, 2-bath main home and a permitted 1-bed, 1-bath ADU with a full kitchen and laundry, providing excellent flexibility for extended family or significant rental income.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-08-18. The sold price is $850,000.00.
Compared to the nearby listings
Price:$875.0K vs avg $680.0K (+$195,000)98%
Size:1,618 sqft vs avg 1,182 sqft73%
Price/sqft:$541 vs avg $55943%
More Insights
Built in 1948 (77 years old).
Condition: Despite being built in 1948, this property has undergone extensive and high-quality renovations, bringing it to an 'excellent' condition. Both the main house and the permitted ADU feature modern, updated kitchens with white shaker cabinets, stainless steel appliances, and contemporary finishes. The bathrooms are similarly updated with new vanities, tiling, and fixtures. The property boasts new flooring throughout, recessed lighting, and brand-new solar panels, indicating a significant recent investment. The overall aesthetic is fresh, clean, and move-in ready, with all visible components appearing virtually new and meeting current quality standards.
Year Built
1948
Close
-
List price
$875K
Original List price
$900K
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
WS25025529
Home ConditionExcellent
Features
Patio
View-
About this home
Price Improvement for this Dual-Unit Living & Investment Opportunity! An incredible chance to own two units on one lot. This beautifully upgraded property offers a 3-bed, 2-bath main home plus a PERMITTED ADU featuring 1-bed, 1-bath, a full kitchen, living room, and in-unit laundry —perfect for extended family or rental income. The front yard is enclosed, providing added safety and privacy, and the property is gated with a long driveway accommodating 2-3 cars. Enjoy outdoor gatherings with a built-in BBQ/grill under a covered patio. Brand-new solar panels promise future energy savings. Conveniently located near major freeways, this home is ideal for owner-occupants or investors looking for a flexible living arrangement. Don’t miss out!
Price History
Date
Event
Price
01/21/94
Sold
$147,000
08/18/25
Sold
$850,000
10/29/14
Sold
$350,000
Condition Rating
Excellent
Despite being built in 1948, this property has undergone extensive and high-quality renovations, bringing it to an 'excellent' condition. Both the main house and the permitted ADU feature modern, updated kitchens with white shaker cabinets, stainless steel appliances, and contemporary finishes. The bathrooms are similarly updated with new vanities, tiling, and fixtures. The property boasts new flooring throughout, recessed lighting, and brand-new solar panels, indicating a significant recent investment. The overall aesthetic is fresh, clean, and move-in ready, with all visible components appearing virtually new and meeting current quality standards.
Pros & Cons
Pros
Dual-Unit Living & Income Potential: The property offers a 3-bed, 2-bath main home and a permitted 1-bed, 1-bath ADU with a full kitchen and laundry, providing excellent flexibility for extended family or significant rental income.
Permitted ADU: The ADU is explicitly stated as 'PERMITTED,' which is a major advantage, ensuring legality and maximizing its value for rental or multi-generational living.
Brand-New Solar Panels: Installation of brand-new solar panels offers substantial long-term energy savings and enhances the property's eco-friendly appeal and value.
Enhanced Privacy & Security: Features like an enclosed front yard, gated property, and a long driveway for 2-3 cars contribute to increased privacy and security for residents.
Outdoor Entertainment Space: A built-in BBQ/grill under a covered patio provides a dedicated and attractive space for outdoor gatherings and entertaining.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-08-18. The sold price is $850,000.00.
Significant Discrepancy in Estimated Value: The listing price of $875,000 is considerably higher than the property's estimated value of $459,765, suggesting potential overpricing or a valuation model that may not fully capture the ADU's value.
Age of Main Structure: Built in 1948, the main home is an older property. While 'upgraded' is mentioned, the description lacks specific details on updates to major systems (e.g., plumbing, electrical, HVAC, roof), which could imply potential future maintenance costs.
Modest Lot Size for Dual Units: With a lot size of 4,583 sqft for two units, the outdoor space might be somewhat limited, potentially impacting privacy between units or future expansion possibilities.