3165 Oakwood Avenue, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 2 bath
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Lynwood, California 90262
This Versatile Creative Residence is a High-Potential Investment Opportunity, listed at $679,000—positioned well below the $775,944 Fair Market Value by 12%. This valuation gap provides $96,944 in Instant Equity. While maintaining a Fair Condition Rating, the home features a Granite Kitchen and a unique Recording Studio Conversion on a generous 6,497 Sq Ft Lot. Located within the Lynwood Unified School District, the detached structures offer significant ADU Potential for rental income. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add "house hack."
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3165 Oakwood Avenue Subject | $679,000* List Price | 3 | 2 | 1,660 | $467 | - |
A 3805 Lugo Avenue Sold | $655,000 | 3 | 2 | 1,580 | $415 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property is in fair condition, showing significant signs of age despite some partial updates. The kitchen has been updated with granite countertops and stainless steel appliances, but the cabinetry remains dated. The interior features worn carpeting, popcorn ceilings, and older wood paneling in the bedrooms. While the home appears functional and lived-in, the bathrooms and overall finishes are outdated and would benefit from minor repairs and modernization to meet current standards.
The property features a detached garage converted into a recording studio and an additional studio space, offering exceptional utility for creative professionals or multi-generational living.
Situated on a generous 6,497 sqft lot with existing detached structures, the property presents a prime opportunity for ADU development in a strong rental market.
The home boasts a spacious 1,660 sqft layout with a primary suite and a kitchen updated with granite countertops and stainless steel appliances, providing immediate move-in appeal.
The garage and additional studio conversions may not be fully permitted, which could complicate traditional financing or require future legalization efforts.
Originally constructed in 1950, the property may necessitate inspections and potential upgrades to its original mechanical, electrical, or plumbing systems.
Centrally Located Lynwood 3 Bedroom 2 Bathroom Versatile Home With Detached Garage With Recording Studio Conversion And Flexible Addition Space – Ideal For Creative, Possible Rental, Or Future Development Use! Utilize The Large 6,497 Sq Ft Lot For Functional Living And Entertaining Suitable For Both Owner Occupants And Investors Seeking ADU Potential In Strong Rental Market. Featuring A Long Driveway, Gated Back Parking, Detached 2 Car Garage (Currently Converted), Covered Patio Area, And Landscaped Backyard, This Home Can Accommodate Multi-Generational Living And Anyone Seeking Privacy And Personal Space For Enjoying With Family And Friends. Step Inside The Covered Entry Way Into The Spacious Living Room With Adjacent Dining Area And Kitchen With Granite Counter Tops And Stainless Steel Appliances With Abundant Light Facing The Front Of House. Kitchen Also Has Door Opening Up To The Side Patio Within Gated Yard With Connected Laundry Area. Down The Hallway Are 3 Expansive Bedrooms, And 2 Full Bathrooms. One Bedroom Has An Attached Flex Room. Primary Suite Has Primary Bathroom. Family Room / Den Opens Up With Sliding Doors To Covered Side Patio With Access To The Enclosed Back Yard With Grass And Paved Concrete Next To Detached Garage Which Is Now Use As Recording/Music Studio And Bedroom. Behind The Garage Conversion Is An Additional Studio Space. Convenient Location To Regional Freeways, Local Shopping Corridors, And Employment Centers With Value Add Potential! Must See Opportunity, TEXT Listing Agent Now!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,660 | 1,196 | 80% |
| Lot Size | 6,497 | 6,138.5 | 65% |
| Price | $679.0K | $690.0K | 41% |
| Price per sq ft | $409 | $576 | 17% |
| Built year | 1950 | 1946 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 200 | 4% |
Mar 15, 2026
$679,000
Initial Listing