3633 Platt, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 2 bath
ACTIVE$630,000
3633 Platt, Lynwood, California 90262
3Beds
2Baths
1,152Sqft
8,022Lot
Price Vs. Estimate
The estimated value ($639,890.93) is $9,890.93 (1%) lower than the list price ($630,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8022, living area = 1152.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1152, other record living area = 732. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$630.0K vs avg $675.0K ($-45,000)35%
Size:1,152 sqft vs avg 1,180 sqft47%
Price/sqft:$547 vs avg $55945%
More Insights
Built in 1925 (100 years old).
Condition: This property, built in 1925, is nearly a century old and explicitly described as needing 'some TLC' and 'extensive renovation.' It is being sold 'As-Is,' indicating that major components likely require substantial repairs and rehabilitation. While no interior images are provided, the age and description strongly suggest that the kitchen and bathrooms are severely outdated and would require complete overhauls to meet modern standards. The exterior image shows a dated home with poor curb appeal, consistent with a property in need of significant investment and renovation, but not necessarily beyond repair or unlivable, thus falling into the 'poor' category rather than 'tear-down'.
Year Built
1925
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$547
HOA
-
Days on market
-
Sold On
-
MLS number
IV25255091
Home ConditionPoor
Features
View-
About this home
Fantastic Opportunity for Homeowners or Investors! This Lynwood gem is full of potential and ready for your personal touch. While the property needs some TLC, it offers outstanding upside for those looking to customize, renovate, or invest. Sold As-Is—bring your vision and creativity to transform this house into your dream home or next great investment Plus a Detached ADU for additional income potential. Ideal for first-time buyers eager to build equity or savvy investors expanding their portfolio in a strong rental market. Located in a quiet, family-friendly neighborhood close to schools, hospital, park, shopping, and dining, this home offers the perfect blend of comfort and convenience.
Condition Rating
Poor
This property, built in 1925, is nearly a century old and explicitly described as needing 'some TLC' and 'extensive renovation.' It is being sold 'As-Is,' indicating that major components likely require substantial repairs and rehabilitation. While no interior images are provided, the age and description strongly suggest that the kitchen and bathrooms are severely outdated and would require complete overhauls to meet modern standards. The exterior image shows a dated home with poor curb appeal, consistent with a property in need of significant investment and renovation, but not necessarily beyond repair or unlivable, thus falling into the 'poor' category rather than 'tear-down'.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8022, living area = 1152.
Detached ADU: The property includes a detached ADU, offering significant potential for additional rental income or multi-generational living arrangements.
Investment & Customization Opportunity: This home presents an outstanding opportunity for homeowners or investors to customize, renovate, and build equity, appealing to those with a vision for transformation.
Desirable Location: Situated in a quiet, family-friendly neighborhood, the property boasts proximity to schools, a hospital, parks, shopping, and dining, enhancing convenience and lifestyle.
Generous Lot Size: With a substantial lot size of 8022 sqft, there is ample outdoor space for recreation, potential landscaping, or future expansion possibilities.
Strong Market Appeal: Ideal for first-time buyers looking to build equity or savvy investors expanding their portfolio in what is described as a strong rental market.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1152, other record living area = 732. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Requires Extensive Renovation: The property explicitly 'needs some TLC' and significant personal touch, indicating a need for substantial renovation and updates.
Sold As-Is Condition: Being sold 'As-Is' means the seller will not be making repairs, placing the responsibility and cost of any necessary improvements entirely on the buyer.
Age of Property: Built in 1925, the home is nearly a century old, which often implies outdated systems, potential for deferred maintenance, and higher renovation costs.