3986 Platt, Lynwood, California 90262, Lynwood, 90262 - 2 bed, 1 bath
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Lynwood, California 90262
This Modernized Single-Family Residence represents a Strong Value Opportunity, listed at $687,000—positioned well below the $733,637 Fair Market Value by 6%. This valuation gap provides $46,637 in Instant Equity. The home maintains a Solid Functional Condition, featuring an updated kitchen, upgraded flooring, and a covered patio. The expansive 7,409 sq ft lot with alley access and a detached garage offers significant ADU development potential for forced appreciation. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors looking to maximize lot utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3986 Platt Subject | $690,000 | 2 | 1 | 1,186 | $608 | - |
A 11267 Sampson Avenue Sold | $627,000 | 3 | 1 | 1,076 | $583 | 0.3 mi |
B 3980 Platt Sold | $790,000 | 4 | 2 | 1,162 | $680 | 0.0 mi |
C 3886 Cortland Street Sold | $735,000 | 3 | 2 | 1,292 | $569 | 0.2 mi |
D 5230 Lavinia Ave Sold | $720,000 | 3 | 1 | 1,056 | $682 | 0.9 mi |
E 3831 Lyndora Sold | $700,000 | 3 | 2 | 1,243 | $563 | 0.6 mi |
F 4159 Abbott Road Sold | $750,000 | 3 | 2 | 1,392 | $539 | 0.9 mi |
G 11098 Hulme Active | $759,000 List Price | 3 | 3 | 1,524 | $498 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1943, the property is well-maintained and move-in ready. It features recent flooring upgrades, recessed lighting, and a functional, renovated bathroom and kitchen (estimated 5-15 years old). The presence of wall AC units instead of central HVAC and some cracking in the exterior concrete keep it from an Excellent rating, but it remains in solid, functional condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7409, living area = 1186.
The expansive 7,407 sq ft lot featuring a detached garage and alley access provides an excellent opportunity for an ADU conversion or property expansion.
The home features an updated kitchen with modern finishes and upgraded flooring throughout, offering a turnkey aesthetic for immediate occupancy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only 2 bedrooms and 1 bathroom, the property's footprint may be restrictive for larger families or buyers seeking a master suite.
Originally built in 1943, the home may require ongoing maintenance or future upgrades to legacy systems common in properties of this era.
Well-maintained 2-bedroom, 1-bath home featuring an updated kitchen with modern finishes and upgraded flooring throughout. Situated on a spacious 6,652 sq ft lot, this property offers a long driveway with parking for 6+ vehicles, along with a detached 2-car garage—ideal for additional storage, a workshop, or potential ADU opportunities. Alley access adds convenience and flexibility for parking or future use. The backyard is perfect for entertaining, complete with a covered patio that provides a great space for outdoor gatherings year-round. Located in a desirable residential neighborhood, this home offers convenient access to the 105 and 710 freeways, making commuting a breeze. Enjoy close proximity to schools, dining, shopping, and entertainment. A great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,186 | 1,243 | 47% |
| Lot Size | 7,409 | 6,354 | 87% |
| Price | $690.0K | $700.0K | 47% |
| Price per sq ft | $582 | $569 | 51% |
| Built year | 1943 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 157 | 7% |
May 4, 2026
$687,000
Initial Listing