3125 Cedar Avenue, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 1 bath
ACTIVE$679,000
3125 Cedar Avenue, Lynwood, California 90262
3Beds
1Bath
862Sqft
6,817Lot
Price Vs. Estimate
The estimated value ($660,993.03) is $18,006.97 (2%) lower than the list price ($679,000). This property may be overpriced.
Key pros and cons
Top Pros:
Approved Development Plans (RTI): The property comes with 'RTI plans to build 2 more units,' significantly de-risking and accelerating the development process for potential multi-unit income generation.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-16. The sold price is $450,000.00.
Compared to the nearby listings
Price:$679.0K vs avg $679.0K (+$0)50%
Size:862 sqft vs avg 1,180 sqft22%
Price/sqft:$788 vs avg $56194%
More Insights
Built in 1930 (95 years old).
Condition: While the property was built in 1930, the kitchen and bathroom have undergone very recent, high-quality renovations, featuring modern cabinetry, stainless steel appliances, contemporary fixtures, and stylish tiling. The exterior also appears freshly painted with updated windows. This makes the property move-in ready with no immediate renovation required for the visible living spaces. However, the underlying structure's age (1930) and the property analysis noting its 'Advanced Age' and 'Limited Functionality' prevent an 'Excellent' rating for the entire property, as major systems or structural elements may still be original or require future attention beyond the cosmetic updates.
Year Built
1930
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
DW25274949
Home ConditionGood
Features
View-
About this home
3/1 SFR with RTI plans to build 2 more units
Price History
Date
Event
Price
07/16/25
Sold
$450,000
Condition Rating
Good
While the property was built in 1930, the kitchen and bathroom have undergone very recent, high-quality renovations, featuring modern cabinetry, stainless steel appliances, contemporary fixtures, and stylish tiling. The exterior also appears freshly painted with updated windows. This makes the property move-in ready with no immediate renovation required for the visible living spaces. However, the underlying structure's age (1930) and the property analysis noting its 'Advanced Age' and 'Limited Functionality' prevent an 'Excellent' rating for the entire property, as major systems or structural elements may still be original or require future attention beyond the cosmetic updates.
Pros & Cons
Pros
Approved Development Plans (RTI): The property comes with 'RTI plans to build 2 more units,' significantly de-risking and accelerating the development process for potential multi-unit income generation.
Generous Lot Size: A substantial 6,817 sqft lot provides ample space for the proposed additional units, offering flexibility for design and outdoor amenities in a dense urban environment.
Strong Investment Potential: This property presents a clear path to increased density and rental income, making it an attractive opportunity for investors seeking to capitalize on multi-unit development.
Established Urban Location: Located in Lynwood, CA, the property benefits from its position within Los Angeles County, offering access to amenities, transportation, and a robust rental market.
Existing Income/Use Potential: The current 3-bedroom, 1-bathroom single-family residence can provide immediate rental income or serve as a temporary residence during the development phase.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-07-16. The sold price is $450,000.00.
Advanced Age of Existing Structure: Built in 1930, the existing 862 sqft home is very old, likely requiring extensive renovations or demolition, which adds to the overall project cost and complexity.
Limited Functionality of Existing Home: The current 3-bedroom, 1-bathroom layout within only 862 sqft is small and functionally outdated for modern living standards, potentially limiting its appeal as a standalone residence.
Significant Development Costs & Management: While plans are approved, the actual construction of two additional units will require substantial financial investment, time commitment, and active project management, which may be a barrier for some buyers.