3356 Josephine, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 2 bath
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Lynwood, California 90262
Analysis of 3356 Josephine, Lynwood, California 90262 is currently available with a list price of $1,175,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lynwood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1945, the property shows significant signs of aging and deferred maintenance. The marketing focus is almost entirely on the 16,000+ SF lot's development potential for 6+ units rather than the home's condition. The absence of interior photos and the description of the structure needing 'substantial modernization' indicate the home requires major rehabilitation to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16008, living area = 1897.
The massive lot size of over 16,000 square feet offers a rare opportunity for investors to potentially develop 6 or more units, significantly increasing the property's long-term value.
The property is ideally situated near the 105 and 91 freeways and is within walking distance to Plaza Mexico and new retail developments, ensuring high demand and convenience.
Built in 1945, the home likely requires substantial modernization or repairs to address deferred maintenance and meet current building standards.
The history of five consecutive price reductions suggests the property has struggled to find a buyer, which may indicate underlying concerns or initial overpricing.
The property lacks any scenic or elevated views, which may be a disadvantage compared to other residential options in the broader Southern California market.
DESCRIPTION LOCATION, LOCATION, A SINGLE FAMILY RESIDENCE, 3 bedrooms and two bathrooms, with an XTRA BONUS ROOM USED AS OFFICE. WITH A BIG POTENTIAL FOR INVESTORS, LOT MEASURES MORE THAN 16,000 SF. CHECK WITH THE CITY OF LYNWOOD PLANNING DEPARTMENT, COULD BUILD 6 UNITS OR MORE, PROPERTY LOCATED CLOSE TO THE 105 AND 91 FREEWAYS, WALKING DISTANCE TO SHOPPING CENTERS, PLAZA MEXICO AND TO A NEW FAMOUS SUPERMARKET AND COFFEE SHOPP OPEN AS OF NOVEMBER, 12 2025 .
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 | 1,897 | 1,196 | 85% |
| Lot Size | 16,008 | 6,138.5 | 98% |
| Price | $1.18M | $697.0K | 98% |
| Price per sq ft | $619 | $584 | 54% |
| Built year | 1945 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 200 | 35% |
Apr 21, 2026
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
Mar 25, 2026
$1,200,000
$1,235,999
-3% Price Drop
Initial Listing
Mar 18, 2026
$1,235,999
$1,250,999
-1% Price Drop
Initial Listing
Feb 18, 2026
$1,250,999
$1,261,000
-1% Price Drop
Initial Listing
Feb 7, 2026
$1,261,000
$1,260,999
+0% Price Increase
Initial Listing
Jan 30, 2026
$1,260,999
$1,275,000
-1% Price Drop
Initial Listing
Jan 23, 2026
$1,275,000
$1,330,000
-4% Price Drop
Initial Listing
Dec 24, 2025
$1,330,000
$1,360,000
-2% Price Drop
Initial Listing
Nov 12, 2025
$1,360,000
Initial Listing
Jul 26, 2006
$550,000
Public Record
Jan 10, 2005
$380,000
Public Record
Mar 8, 2001
$206,000
Public Record