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3617 Cedar, Lynwood, California 90262, Lynwood, 90262 - bed, bath

3617 Cedar, Lynwood, California 90262 home-pic-0
ACTIVE$799,999$2,398/sqft
3617 Cedar, Lynwood, California 90262
0Bed
0Bath
2,398Sqft
7,609Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Generation & Investment Potential: The duplex configuration (3-bedroom, 2-bath front unit and 1-bedroom, 1-bath rear unit) offers strong immediate rental income potential, appealing to both owner-occupants and investors.
Top Cons:
Age of Construction: Built in 1939, the property is over 80 years old, which may imply aging infrastructure, systems (plumbing, electrical), and components that could require significant maintenance or costly upgrades in the near future.

Compared to the nearby listings

Price:$800.0K vs avg $852.5K ($-52,501)36%
Size:2,398 sqft vs avg 1,976 sqft71%
Price/sqft:$334 vs avg $44021%

More Insights

Built in 1939 (87 years old).
Condition: Built in 1939, this property is aged but appears to be maintained. The interior, especially the kitchen, is very dated with original-style cabinets, tiled countertops, and older appliances, requiring a full renovation to meet modern standards. The bathrooms show minor updates (vanity) but retain older elements. Flooring is functional ceramic tile, and popcorn ceilings and wall heaters indicate an older, less updated home. While livable, it requires substantial cosmetic and system updates beyond minor repairs.
Year Built
1939
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$334
HOA
-
Days on market
-
Sold On
-
MLS number
DW26003430
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Excellent duplex opportunity in the heart of Lynwood! This well-maintained two-unit property offers strong income potential and long-term upside. The front unit features a spacious 3-bedroom, 2-bath layout, while the rear unit offers a comfortable 1-bedroom, 1-bath configuration, making it ideal for owner-occupants or investors alike. Both units enjoy their own private backyards, providing valuable outdoor space and added tenant appeal. The property also includes a **long driveway and a detached 2-car garage, presenting an excellent ADU conversion opportunity (buyer to verify)**, which could significantly increase future income potential. Additional highlights include **separate water meters for each unit**, a wide, quiet street, and a central location with convenient access to major freeways, shopping centers, parks, and everyday amenities. Whether you’re looking to live in one unit and rent the other or add a solid asset to your investment portfolio, this property checks all the boxes. A rare opportunity in a prime Lynwood location—don’t miss it

A
Alberto Sanchez
Listing Agent

Price History

Date
Event
Price
05/12/14
Sold
$371,000
Condition Rating
Fair
Built in 1939, this property is aged but appears to be maintained. The interior, especially the kitchen, is very dated with original-style cabinets, tiled countertops, and older appliances, requiring a full renovation to meet modern standards. The bathrooms show minor updates (vanity) but retain older elements. Flooring is functional ceramic tile, and popcorn ceilings and wall heaters indicate an older, less updated home. While livable, it requires substantial cosmetic and system updates beyond minor repairs.
Pros & Cons

Pros

Income Generation & Investment Potential: The duplex configuration (3-bedroom, 2-bath front unit and 1-bedroom, 1-bath rear unit) offers strong immediate rental income potential, appealing to both owner-occupants and investors.
Significant Value-Add Opportunity: A long driveway and detached 2-car garage present an excellent Accessory Dwelling Unit (ADU) conversion opportunity, which could substantially increase future income and property value.
Tenant-Friendly Features & Management Ease: Both units benefit from their own private backyards, enhancing tenant appeal, and separate water meters simplify utility billing and property management for the owner.
Strategic Central Location: Situated in a prime Lynwood location, the property offers convenient access to major freeways, shopping centers, parks, and everyday amenities, making it highly desirable for renters.
Well-Maintained Condition: The property is described as 'well-maintained,' suggesting a good current condition that may require less immediate capital expenditure for a new owner.

Cons

Age of Construction: Built in 1939, the property is over 80 years old, which may imply aging infrastructure, systems (plumbing, electrical), and components that could require significant maintenance or costly upgrades in the near future.
ADU Conversion Uncertainty: While an ADU conversion is a strong potential, the 'buyer to verify' clause indicates that the feasibility, costs, and approval process are not guaranteed and require the buyer's due diligence and investment.
Potential for Undisclosed Deferred Maintenance: Despite being 'well-maintained,' the description lacks specific details on recent major renovations or system updates, which could mean hidden or deferred maintenance issues typical for a property of this age.
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