
Lynwood, California 90262
This Spacious Pool Home represents a Strong Value Opportunity, listed at $819,999—positioned well below the $879,556 Fair Market Value by 6%. This valuation gap provides $59,557 in Instant Equity. Featuring a Condition Rating of 3, the property includes a Guest House Casita and a Resort-Style Backyard with a pool, offering significant income-producing potential. Located in the Lynwood Unified district, this versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with flexible living quarters.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2980 Oakwood Avenue Subject | $819,999* List Price | 3 | 2 | 1,901 | $463 | - |
A 3165 Oakwood Avenue Sold | $675,000 | 3 | 2 | 1,660 | $407 | 0.2 mi |
B 2649 111th Street Sold | $680,000 | 3 | 2 | 1,284 | $530 | 0.5 mi |
C 3155 Lynwood Road Sold | $710,000 | 3 | 2 | 1,379 | $515 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1931, the property has undergone significant renovations likely within the last 5-15 years. The kitchen features custom dark cabinetry and stone countertops, bathrooms have been upgraded with modern tile, and the interior includes recessed lighting and wood-style flooring. The home is well-maintained and move-in ready.
The property features a detached garage converted into a guest house casita with a kitchenette and bathroom, providing excellent potential for rental income or multi-generational living.
A standout feature for the area, the backyard includes a sparkling pool, mature palm trees, and expansive patio space, creating a private oasis for outdoor entertaining.
The interior has been significantly upgraded with an open-concept living area, a large chef's kitchen with a center island, and remodeled bathrooms, offering contemporary functionality.
The listing requires the buyer to independently verify permits for the garage living quarters, which may pose risks for financing or future code compliance.
Built in 1931, the property may have underlying maintenance requirements or aging systems typical of older homes that are not immediately visible in the cosmetic upgrades.
Welcome to 2980 Oakwood Ave, Lynwood!! A spacious POOL HOME with 3-bedroom, 2-bath WITH A HUGE WALK IN CLOSET - THIS home offers versatile living areas, a resort-style backyard, and valuable additional garage living quarters. The main residence welcomes you with a bright, expansive open-concept living and dining space featuring rich wood-style flooring, large windows, recessed lighting, ceiling fans, and a distinctive coffered ceiling detail that adds character throughout. The oversized kitchen is designed for entertaining, showcasing abundant dark custom cabinetry, extensive counter space, a large center island with breakfast-bar seating, tile flooring, and a stainless-steel range hood. The home includes generously sized bedrooms and upgraded bathrooms, including a spacious primary-style bath with a glass-enclosed walk-in shower, dual-entry layout, and elegant tile finishes. The backyard is built for gatherings, complete with a sparkling pool and a GUEST HOUSE CASITA, surrounding patio space, mature palm trees, and room to relax or entertain. Adding even more flexibility, the detached garage includes living quarters with a kitchenette, bathroom, and upper-level bonus/flexible space; ideal for extended family, guests, a home office, creative space, or potential income-producing use. Buyer to independently verify permits, square footage, and intended use. Conveniently located near local shopping, dining, parks, schools, and commuter routes, this Lynwood property offers the space, lifestyle, and versatility today’s buyers are looking for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,901 | 1,186 |
| Lot Size | 6,533 | 5,573 |
| Price | $820.0K | $687.2K |
| Price per sq ft | $431 | $631 |
| Built year | 1931 | 1947 |
| HOA | $0 | $0 |
| Days on market | 16 | 72 |
Jul 6, 2026
$819,999
Initial Listing
Mar 30, 2011
$280,000
Public Record
Jul 23, 2007
$565,000
Public Record