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3825 Liliyta, Lynwood, California 90262, Lynwood, 90262 - 3 bed, 2 bath

3825 Liliyta, Lynwood, California 90262 home-pic-0
ACTIVE$750,000
3825 Liliyta, Lynwood, California 90262
3Beds
2Baths
1,032Sqft
7,359Lot

Price Vs. Estimate

The estimated value ($705,475.375) is $44,524.625 (5%) lower than the list price ($750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Lot Size: The property boasts a sizable 7,359 sqft lot, offering ample outdoor space and potential for expansion or landscaping.
Top Cons:
Unpermitted Conversion: The garage conversion was done without permits, requiring the buyer to navigate the legalization process, which may involve additional costs and potential setbacks.

Compared to the nearby listings

Price:$750.0K vs avg $680.0K (+$70,000)73%
Size:1,032 sqft vs avg 1,180 sqft37%
Price/sqft:$727 vs avg $56180%

More Insights

Built in 1941 (84 years old).
Condition: The property was built in 1941. The images show an aged but maintained home. The kitchen and bathrooms appear functional but outdated. The converted garage without permits also suggests potential issues. Overall, it requires minor updates or repairs.
Year Built
1941
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
DW24242910
Home ConditionFair
Features
Patio
View-

About this home

FHA, CONVE, VA OK!! This 3 bedroom, 2 bathroom home has lots of Potential, Located in the heart of Lynwood. it offers a very large Lot 7,359. The garage it's been converted to living area with no permits, But buyer may be able to legalize as ADU. seller spent 20.000 dollars. Just minutes from major shopping destinations, restaurants and public amenities. Very close from North Gate Market, La Superior, Food 4 Less, banks and schools. Located at intersection of Imperial Blvd, and Otis St. placing you very close to Long Beach Blvd, Tweedy Blvd, Atlantic Blvd, Just minutes from 710 and 105 freeways. THIS IS NOT INVESTOR PROPERTY. IT WILL NOT FLY AT ALL

Condition Rating
Fair
The property was built in 1941. The images show an aged but maintained home. The kitchen and bathrooms appear functional but outdated. The converted garage without permits also suggests potential issues. Overall, it requires minor updates or repairs.
Pros & Cons

Pros

Large Lot Size: The property boasts a sizable 7,359 sqft lot, offering ample outdoor space and potential for expansion or landscaping.
Convenient Location: Located in the heart of Lynwood, the property is close to shopping, restaurants, public amenities, and major freeways (710 and 105), providing easy access to surrounding areas.
ADU Potential: The converted garage presents an opportunity to legalize it as an Accessory Dwelling Unit (ADU), potentially generating rental income or providing additional living space.

Cons

Unpermitted Conversion: The garage conversion was done without permits, requiring the buyer to navigate the legalization process, which may involve additional costs and potential setbacks.
Not Investor Friendly: The listing explicitly states that the property is not suitable for investors, potentially limiting the buyer pool.

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