
Lynwood, California 90262
This Dual-Unit Residential Income Property represents a Strong Value Opportunity, listed at a List Price of $999,999—positioned well below the $1,016,478 Fair Market Value by 1.6%. This valuation gap offers $16,479 in Instant Equity. Featuring a Condition Rating of 2 with a fully remodeled front house and a brand-new permitted ADU, this asset provides modern sustainability via new solar panels. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking high-yield rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3616 Burton Subject | $999,999* List Price | 5 | 5 | 2,577 | $394 | - |
A 3310 Palm Ave Sold | $1,225,000 | 0 | 0 | 3,298 | $371 | 0.3 mi |
B 12063 12067 Peach Active | $1,165,000 List Price | 0 | 0 | 2,702 | $431 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a completely remodeled front house and a brand-new construction ADU. The interior shows modern kitchen updates, well-maintained hardwood flooring, and the addition of new solar panels, meeting the criteria for a recent high-quality renovation.
The property features a completely remodeled front house and a brand-new permitted ADU, offering a turnkey opportunity for multi-generational living or high-yield rental income.
Equipped with newly installed solar panels and comprehensive interior updates, the home provides modern sustainability and significantly reduced long-term utility costs.
The expansive 7,793 sqft lot includes a long driveway with a custom metal gate, providing secure and abundant parking that is a rare find in this high-density residential area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2577, other record living area = 1389. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
At a list price of nearly $1 million, the property is positioned at the top of the Lynwood market, which may limit the pool of qualified buyers despite the dual-unit configuration.
While the property is extensively remodeled, the original 1941 construction may still present underlying maintenance considerations typical of older infrastructure compared to a full new-build.
This property consists of two homes on a single lot, featuring a total of 5 bedrooms and 4.5 bathrooms. The front house has been completely remodeled, and the accessory dwelling unit (ADU) is a brand-new construction, with permits!!! Key features of the property include: - Newly installed solar panels throughout - A mature avocado tree providing excellent shade for the summer - Convenient proximity to shopping centers and easy access to the 105 and 710 freeway. - Plenty of space to entertain those family festivities or friendly gatherings. - long driveway that provides extra parking space with a built in custom metal gate. This setup is perfect for two families or for an owner-occupant looking to live in one unit and rent out the second. - The seller is highly motivated. Both properties will be delivered at the close of escrow (COE).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 2,577 | 2,084.167 |
| Lot Size | 7,793 | 7,992.833 |
| Price | $1000.0K | $881.8K |
| Price per sq ft | $388 | $403 |
| Built year | 1941 | 1957 |
| HOA | $0 | $0 |
| Days on market | 16 | 89 |
Aug 24, 2026
$999,999
Initial Listing
May 26, 1999
$17,500
Public Record