3338 Alma, Lynwood, California 90262, Lynwood, 90262 - 0 bed, 0 bath
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Lynwood, California 90262
This duplex presents a Strong Value Opportunity with a List Price of $750,000—positioned well below the $799,282 Fair Market Value by 6%. This valuation gap offers $49,282 in Instant Equity for buyers. Featuring a 4-bedroom/1-bath front unit and a 2-bedroom/1-bath rear unit, the property has a Condition Rating of 5, indicating a need for renovation. With vacant delivery and detached garages, this is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack in Lynwood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3338 Alma Subject | $750,000* List Price | 0 | 0 | 1,978 | $404 | - |
A 10845 Otis Sold | $847,000 | 0 | 0 | 1,858 | $456 | 0.7 mi |
B 10011 State Sold | $850,000 | 0 | 0 | 2,544 | $334 | 0.6 mi |
C 3598 Beechwood Avenue A B C. Active Under Contract | $750,000 List Price | 0 | 0 | 2,006 | $374 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no recorded renovations, this property exceeds the 30-50 year threshold for poor condition. Exterior images show significant deferred maintenance, including failing siding, weathered trim, and neglected grounds, suggesting the need for a full interior rehab and system updates.
Both units will be delivered vacant at the close of escrow, allowing an owner-occupant to move in immediately or an investor to secure market-rate tenants without the complications of existing lease agreements.
The front unit features a rare four-bedroom layout which is highly desirable for large families, while the inclusion of separate detached garages and individual laundry areas for each unit significantly enhances tenant privacy and property value.
With a lot size of over 8,200 square feet, the property offers ample outdoor space and potential for future improvements or ADU possibilities, providing a competitive edge over standard-sized lots in Lynwood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8248, other record lot size in square feet = 8152.
The front unit contains four bedrooms but only one bathroom, a ratio that may be inconvenient for large families and could limit the property's rental price ceiling compared to units with multiple bathrooms.
Built in 1960, the property likely requires updates to major systems or cosmetic renovations to meet modern buyer expectations and maximize energy efficiency.
Excellent DUPLEX opportunity in the City of Lynwood. This property features a front house with 4 bedrooms and 1 bathroom, and a rear unit with 2 bedrooms and 1 bathroom. Both units will be delivered vacant at the close of escrow, offering endless possibilities for owner-occupants and investors. Each unit has its own detached garage and laundry area, providing additional parking and storage space. Live in one unit and rent the other.Conveniently located near schools, shopping, dining, and major freeways. A great opportunity for first-time buyers or savvy investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,978 | 2,185.5 |
| Lot Size | 8,248 | 5,735.5 |
| Price | $750.0K | $856.9K |
| Price per sq ft | $379 | $372 |
| Built year | 1960 | 1945 |
| HOA | $0 | $0 |
| Days on market | 8 | 84 |
Jul 14, 2026
$750,000
Initial Listing
Jul 28, 1998
$160,000
Public Record