2700 Norton Avenue, Lynwood, California 90262, Lynwood, 90262 - 2 bed, 1 bath
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Lynwood, California 90262
This property represents a Strong Value Opportunity, listed at $579,000—positioned above the $540,359 Fair Market Value. While the home requires significant updates given its Fair Condition Rating, the nearly 5,000 sqft lot offers substantial potential for expansion or an ADU. This detached residence provides a private, fee-simple alternative to local condos, making it a strategic acquisition for those prioritizing land value and long-term growth. This is an ideal project for Buy-and-Hold Investors or first-time buyers capable of executing a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2700 Norton Avenue Subject | $579,000* List Price | 2 | 1 | 826 | $654 | - |
A 2938 Oakwood Sold | $585,000 | 2 | 1 | 753 | $777 | 0.4 mi |
B 10779 Barlow Sold | $670,000 | 2 | 1 | 756 | $886 | 0.5 mi |
C 2723 Norton Active | $625,000 List Price | 2 | 1 | 881 | $709 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1948 (76 years old) and shows no evidence of recent renovations. Interior images reveal dated terrazzo/tile flooring and older built-in cabinetry that likely exceed 30 years in age. Based on the age and lack of visible updates, the home likely requires a full rehab of the kitchen, bathroom, and major systems (HVAC/Electric) to meet modern standards.
The nearly 5,000 sqft lot provides significant outdoor space and potential for future expansion or the addition of an ADU, adding long-term value to the property.
Priced under $600,000, this property represents a competitive opportunity for first-time homebuyers to enter the Southern California market in an established residential area.
As a standalone residence, the property offers full privacy and autonomy with no shared walls or monthly HOA fees, providing a distinct advantage over nearby condos.
At just 826 square feet, the home's compact footprint may be too restrictive for growing families or those requiring dedicated home office space.
The list price was increased by $30,000 after 37 days on the market, which may deter value-conscious buyers who typically expect price reductions for aged inventory.
DO NOT DISTURB OCCUPANTS!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 826 | 1,243 | 16% |
| Lot Size | 4,985 | 6,288 | 22% |
| Price | $579.0K | $700.0K | 4% |
| Price per sq ft | $701 | $569 | 73% |
| Built year | 1948 | 1944 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 158 | 9% |
May 22, 2026
$579,000
Initial Listing
Apr 15, 2026
$549,000
Initial Listing